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joint and last survivor annuity - 1 dictionary result
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joint and last survivor annuity

 
Use joint and last survivor annuity in a Sentence
–noun Insurance.
an annuity payable until the death of the last of two or more designated persons, though sometimes with reduced amounts after the first such person dies.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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