annuity
41annuity 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 …
42Annuity Due — An annuity whose payment is to be made immediately, rather than at the end of the period. 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… …
43Annuity Ladder — An investment strategy for retirees or near retirees that entails the purchase of immediate annuities over a period of years to provide guaranteed income while minimizing interest rate risk. Annuity ladders allow retirees to maintain a portion of …
44Annuity Unit — An accumulation unit for which the annuitant has annuitized their contract. This is a sub account of the retiree s total accumulated annuity. These units represent a fixed share of ownership of the insurer s accounts portfolio. When an insured… …
45annuity certain — noun (plural annuities certain) : an annuity payable in any event for a term of years * * * pl. annuities certain. an annuity payable for a certain number of years regardless of any contingency …
46annuity certain — pl. annuities certain. an annuity payable for a certain number of years regardless of any contingency. * * * …
47Annuity 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 …
48Annuity in arrears — An annuity with a first payment on full period hence, rather than immediately. The New York Times Financial Glossary …
49annuity certain — An annuity that pays a specific amount on a monthly basis for a set amount of time. Bloomberg Financial Dictionary …
50annuity 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 …
