Home
E-Mail

Single Premium Annuity Financial Glossary

What is it? An annuity purchased with one lump-sum payment. Unlike flexible premium annuities, single premium annuities dont generally allow you to make additional premium payments at a later time (see Flexible Premium Annuity).

Finance Term Definition Added By: Daniel

The Single Premium Annuity definition has been viewed 3288 Time(s)!




Send To Friends!

If you'd like to send the Single Premium 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 Single Premium Annuity. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Billing Statement is The monthly bill sent by a creditor. It gives a summary of activity on an account, including balance, purchases, payments, credits, and finance charges.

Financial Term OEM is Original Equipment Manufacturer

Financial Term Certificate of Title is A written statement by an attorney or title company as to the status of a property title. Proof of property ownership.

Financial Term Permanent Total Disability is Disability from which you are unlikely to recover at any time in the future.

Financial Term Exemption is A direct reduction taken from taxable income for a specific reason, as allowed by the IRS.