Reversionary annuity definitions

reversionary annuity

[n] - an annuity payable to one person in the event that someone else is unable to receive it
Found on http://www.webdictionary.co.uk/definition.php?query=reversionary%20annuity

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reversionary annuity

survivorship annuity noun an annuity payable to one person in the event that someone else is unable to receive it
Found on https://www.encyclo.co.uk/local/20974

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