joint and last survivor annuity
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.
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- joiner door,
- joint account,
- joint bar,
- joint capsule,
- joint chiefs of staff,
- joint committee,
- joint compound
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019