Annuity

A tax-deferred investment product sold by insurers, banks, brokerage firms and mutual fund companies. Fixed annuities provide a rate of return that is fixed for a year or so but then can move up and down. Variable annuities allow investors to allocate their money among a basket of mutual fund-like subaccounts; the return depends on the performance ......
Found on http://www.encyclo.co.uk/visitor-contributions.php

annuity

An income guaranteed for life paid in return for handing over a lump sum. An annuity is bought at retirement by holders of most personal pension plans and members of money-purchase company schemes.
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Annuity

A regular periodic payment made by an insurance company to a policyholder for a specified period of time.
Found on http://www.encyclo.co.uk/local/20047

Annuity

Is an insurance product which comes in two basic forms: fixed and variable. The fixed version can make a lump sum or periodic lifetime payments to the annuitant. The variable version has a separate account attached to the annuity contract. This type of contract is considered a security because it is dependent on equities and its total value is subj...
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Annuity

An arrangement under which periodic payments are made to a person in return for the investment of a lump sum, usually for the purpose of providing retirement income.
Found on http://www.encyclo.co.uk/local/20174

Annuity

A series of equal payments or receipts occurring over a specified number of periods. In an ordinary annuity, payments or receipts occur at the end of each period; in an annuity due, payments or receipts occur at the beginning of each period.
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Annuity

A type of contract where an agreed amount is paid yearly for life or an agreed shorter period.
Found on http://www.encyclo.co.uk/local/20185

annuity

A life insurance policy where an insurance company pays an income stream to an individual, usually until death, in exchange for the payment of a lump sum. Commonly used at retirement when lifetime savings are converted into an income. At death, there is usually no payment to the estate, although many annuities include a provision to pay an income t...
Found on http://www.encyclo.co.uk/local/20197

Annuity

An annual allowance. Normally paid in the form of a pension.
Found on http://www.encyclo.co.uk/local/20211

annuity

[n] - income from capital investment paid in a series of regular payments
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Annuity

A person who receives an annuity is called the annuitant. The annuitant pays a lump sum to the life insurance company in return for a regular income. If this money is from the annuitant's own funds, it is called a purchase life annuity. If the money is from a maturing pension fund, it is called a compulsory purchase annuity. There are numerous opti...
Found on http://www.encyclo.co.uk/local/20416

Annuity

An income-producing investment bought from an insurance company, which pays a guaranteed annual income throughout your lifetime. Annuities are usually bought with the proceeds of a pension fund.
Found on http://www.encyclo.co.uk/local/20546

Annuity

The payment of a regular income by a life company to an annuitant in exchange for a lump sum... <a target=_blank href='http://www.finance-glossary.com/terms/annuity.htm?id=61&ginPtrCode=00000&PopupMode=false' title='Read full definition of annuity'>more</a>
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Annuity

A regular income until the death purchased from a life insurance company for a lump sum....more on Annuity
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annuity

Another word for 'pension'. An annuity is a regular payment from an insurance company designed to give the policyholder an income for life after retirement. It is paid for by a lump sum saved during the policyholder's working lifetime. Annuity rates are based on yields on gilt-edged securities at the time of purchase. On death, any remaining invest...
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annuity

The provision of a guaranteed income for life in return for a lump sum payment. Often bought with a pension fund on retirement. Annuity rates are linked to yields on gilt-edge securities.
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Annuity

A sum of money which is payable regularly. You can pay a lump sum to an insurance company to buy an annuity. The insurance company pays you an income, usually for the rest of your life. The amount of income is fixed at outset. You cannot usually get your lump sum back. Pensions from retirement annuity contracts and personal pension plans are usuall...
Found on http://www.encyclo.co.uk/local/20949

annuity

A sum of money which is payable regularly. You can pay a lump sum to an insurance company to buy an annuity. The insurance company pays you an income, usually for the rest of your life. The amount of income is fixed at the outset. You cannot usually get your lump sum back. Pensions from retirement annuity contracts and personal pension plans are us...
Found on http://www.digita.com/payrollcentral/home/reference/glossary/glossarya/defa

Annuity

An·nu'i·ty noun ; plural Annuities [ Late Latin annuitas , from Latin annus year: confer French annuité .] A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.
Found on http://www.encyclo.co.uk/webster/A/87

annuity

noun income from capital investment paid in a series of regular payments; `his retirement fund was set up to be paid as an annuity`
Found on https://www.encyclo.co.uk/local/20974

Annuity

A regular periodic payment made by an insurance company to a policyholder for a specified period of time.
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Annuity

• (n.) A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.
Found on http://thinkexist.com/dictionary/meaning/annuity/

annuity

in the most literal sense, a payment made yearly, as, for example, under a contract to provide retirement income. The term is also applied to any ... [1 related articles]
Found on http://www.britannica.com/eb/a-z/a/78

Annuity

- Series of payments, usually payable at specified time intervals.
Found on https://www.encyclo.co.uk/local/21071

Annuity

A life insurance product which pays income over the course of a set period. Deferred annuities allow assets to grow before the income is received and immediate annuities (usually taken from a year after purchase) allow payments to start from about a year after purchase.
Found on http://www.banking-guide.org.uk/glossary.html
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