joint life annuity

noun Insurance.

an annuity, the payments of which cease at the death of the first of two or more specified persons.

Nearby words

  1. joint custody,
  2. joint density function,
  3. joint family,
  4. joint ill,
  5. joint issue,
  6. joint life insurance,
  7. joint of foot,
  8. joint of hand,
  9. joint resolution,
  10. joint return Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019