annuity

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Definition/MeaningWord/Phrase
recipient of an annuity annuitant
annuity paid in a series of more or less equal payments at the beginning of equally spaced periods annuity in advance
annuity paid in a series of more or less equal payments at the end of equally spaced periods ordinary annuity
annuity payable to one person in the event that someone else is unable to receive it reversionary annuity , survivorship annuity
annuity scheme wherein participants share certain benefits and on the death of any participant his benefits are redistributed among the remaining participants; can run for a fixed period of time or until the death of all but one participant tontine
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