deferred annuity
noun
an annuity that starts at the end of a specified period or after the annuitant reaches a certain age.
Nearby words
deferentitis, deferment, deferrable, deferral, deferred, deferred annuity, deferred charge, deferred sentence, deferred share, defervesce, defervescence
Compare immediate annuity.
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
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
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