deferred annuity
an annuity that starts at the end of a specified period or after the annuitant reaches a certain age.
- Compare immediate annuity.
Words Nearby deferred annuity
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use deferred annuity in a sentence
This deferred annuity may either be purchased in one sum, or by a yearly payment over that given term.
A History of Banks for Savings in Great Britain and Ireland | William LewinsThere may, indeed, be another reason for the failure of the deferred annuity system.
She purchased a deferred annuity of one hundred pounds to begin in April, 1850.
Harriet Martineau | Florence Fenwick Miller
British Dictionary definitions for deferred annuity
an annuity that commences not less than one year after the final purchase premium: Compare immediate annuity
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Browse