Home
E-Mail
Latest

Annuity Financial Glossary

What is it? An interest-bearing contract between an individual and a life insurance company that guarantees periodic payments to the indivdual during a specific time period.

Finance Term Definition Added By: Dominic

The Annuity definition has been viewed 2339 Time(s)!




Send To Friends!

If you'd like to send the Annuity definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Annuity. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Collective Research is An SME special measure. Collective Research is a scheme where RTD performers undertake research activities on behalf of Industrial Associations or Groupings of SMEs

Financial Term 52W Low is The lowest close of day price achieved by the security or fund during the past year.

Financial Term MRB is Medium risk buy

Financial Term PEP is Personal Equity Plan - a form of tax-free investing, similar to an ISA, which was withdrawn from sale in April 1999.

Financial Term Rights Issue is A means whereby a company may raise extra money from its own shareholders.