joint and last survivor annuity
nounInsurance.
an annuity payable until the death of the last of two or more designated persons, though sometimes with reduced amounts after the first such person dies.
Words Nearby joint and last survivor annuity
- joiner door
- joinery
- join forces
- joint
- joint account
- joint and last survivor annuity
- joint bar
- Joint Chiefs of Staff
- joint committee
- joint compound
- joint consultation
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Browse