An annuity due requires payments to be made at the beginning of the period. For example, in many lease arrangements, the first payment is due immediately and each successive payment must be made at the beginning of the month.
Investment dictionary. Academic. 2012.
annuity due — see annuity Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
annuity due — noun (plural annuities due) : an annuity providing for the first payment at the beginning rather than at the end of the first period * * * annuity due noun One whose first payment is due in advance • • • Main Entry: ↑annuity … Useful english dictionary
Annuity due — An annuity with n payments, wherein the first payment is made at time t = 0 and the last payment is made at time t = n 1. The New York Times Financial Glossary … Financial and business terms
annuity due — An annuity with n payments, where the first payment is made at time t = 0, and the last payment is made at time t = n 1. Bloomberg Financial Dictionary … Financial and business terms
Whole Life Annuity Due — A financial product sold by insurance companies that requires annuity payments at the beginning of each monthly, quarterly or annual period, as opposed to at the end of the period. A whole life annuity due is a type of annuity that will provide… … Investment dictionary
annuity — an·nu·ity /ə nü ə tē, nyü / n pl ities [Medieval Latin annuitas, from Latin annuus yearly] 1: an amount payable at regular intervals (as yearly or quarterly) for a certain or uncertain period 2: the grant of or the right to receive an annuity his … Law dictionary
Annuity (finance theory) — The term annuity is used in finance theory to refer to any terminating stream of fixed payments over a specified period of time. This usage is most commonly seen in academic discussions of finance, usually in connection with the valuation of the… … Wikipedia
Annuity (European financial arrangements) — An annuity can be defined as a contract which provides an income stream in return for an initial payment.Immediate annuityAn immediate annuity is an annuity for which the income stream begins at a time after the initial payment which is less than … Wikipedia
Annuity In Advance — An amount of money that is regularly paid at the beginning of a term. Rent is the classic example of an annuity in advance because it is a sum of money paid at the beginning of the month to cover the 30 days to follow. An annuity in advance is… … Investment dictionary
annuity — /an(y)uwatiy/ A right to receive fixed, periodic payments, either for life or for a term of years. Moore v. O Cheskey, App., 87 N.M. 66, 529 P.2d 292, 293. A fixed sum payable to a person at specified intervals for a specific period of time or… … Black's law dictionary
