life-contingent annuity
Смотреть что такое "life-contingent annuity" в других словарях:
contingent annuity — noun : an annuity terminable upon the happening of a future event uncertain either as to the date or the possibility of occurrence * * * contingent annuity One that depends on the continuance of some status, such as the life of a person • • •… … Useful english dictionary
contingent annuity — reversionary annuity An annuity in which the payment is conditional on a specified event happening. The most common form is an annuity purchased jointly by a husband and wife that begins payment after the death of one of the parties (see joint… … Big dictionary of business and management
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 — 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 — /euh nooh i tee, euh nyooh /, n., pl. annuities. 1. a specified income payable at stated intervals for a fixed or a contingent period, often for the recipient s life, in consideration of a stipulated premium paid either in prior installment… … Universalium
Annuity (US financial products) — In the U.S. an annuity contract is created when an individual gives a life insurance company money which may grow on a tax deferred basis and then can be distributed back to the owner in several ways. The defining characteristic of all annuity… … Wikipedia
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
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
Life insurance — The foundation of life insurance is the recognition of the value of a human life and the possibility of indemnification for the loss of that value. F. C. Oviatt, Economic place of insurance and its relation to society[1] Life insurance is a… … Wikipedia
life annuity — noun : an annuity payable during the lifetime of the annuitant called also single life annuity; compare annuity, joint life annuity, joint life and survivor annuity * * * Insurance. any annuity that is contingent upon the survival of the… … Useful english dictionary
life annuity — Insurance. any annuity that is contingent upon the survival of the annuitant or annuitants, esp. an annuity that terminates with the death of a single annuitant. * * * … Universalium