reversionary annuity
[ ri-vur-zhuh-ner-eeuh-noo-i-tee, uh-nyoo-, -shuh-ner-ee ]
nounInsurance.
an annuity payable to a beneficiary during the period of time they survive the insured.
Origin of reversionary annuity
1First recorded in 1760–70
Words Nearby reversionary annuity
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
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