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refund annuity - 3 dictionary results
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refund annuity

 
Use refund annuity in a Sentence
–noun Insurance.
an annuity providing for a lump-sum payment or installment payments to the beneficiary for the amount remaining of the purchase price at the death of the annuitant.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To refund annuity
Sell Your Annuity
Why Wait? Get Your Cash Now For Annuity Payments. Free Quote!
www.SettlementFunding.com
Sell Your Annuity
J.G. Wentworth gets you cash now for your annuity payments.
www.JGWentworth.com

refund annuity

An annuity that provides fixed payments as long as the annuitant lives and that guarantees repayment of the amount paid in. If the annuitant dies before receiving the amount paid in for the annuity, the balance is paid to the beneficiary.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Main Entry: refund annuity
see ANNUITY
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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