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deferred annuity

noun

an annuity that starts at the end of a specified period or after the annuitant reaches a certain age.

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Compare immediate annuity.

Words nearby deferred annuity

deferentitis, deferment, deferrable, deferral, deferred, deferred annuity, deferred charge, deferred sentence, deferred share, defervesce, defervescence
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

British Dictionary definitions for deferred annuity

deferred annuity

noun

an annuity that commences not less than one year after the final purchase premiumCompare 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