annuity
n. yearly allowance; yearly pension; yearly income | ||||
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Annuity definition was found in categories: Business & Finance(5) Language, Idioms & Slang(5) Law(1) Encyclopedia(1)
Annuity Definition from Business & Finance Dictionaries & Glossaries
| Campbell R. Harvey's Hypertextual Finance Glossary |
Annuity
A regular periodic payment made by an insurance company to a policyholder for a specified period of time.
A regular periodic payment made by an insurance company to a policyholder for a specified period of time.
| BASSAM Trade, Real Estate, Mortgage, Fund,Invest, Insurance,& Tax,Terms/abbreviations/defin. |
ANNUITY
Payments of a fixed amount for a certain period of time. Example: A seller of a business may design the selling price to include long term payments with or without interest. Also seen in insurance policies to fortify a person's retirement.
An insurance product that pays an income benefit on a specific date, for a specific time, or for the lifetime of the person(s) receiving the annuity (the annuitant). A fixed annuity guarantees fixed payments with a constant rate of return. A variable annuity's value fluctuates with that of the assets that are backing it. There is no guaranteed rate of return for a variable annuity; the annuitant bears the investment risk and receives the return actually earned on invested assets less charges assessed by the insurance company.
Payments of a fixed amount for a certain period of time. Example: A seller of a business may design the selling price to include long term payments with or without interest. Also seen in insurance policies to fortify a person's retirement.
An insurance product that pays an income benefit on a specific date, for a specific time, or for the lifetime of the person(s) receiving the annuity (the annuitant). A fixed annuity guarantees fixed payments with a constant rate of return. A variable annuity's value fluctuates with that of the assets that are backing it. There is no guaranteed rate of return for a variable annuity; the annuitant bears the investment risk and receives the return actually earned on invested assets less charges assessed by the insurance company.
| UNODC Money-Laundering Terms |
Annuity
An insurance-based contract that provides future payments at regular intervals in exchange for current premiums.
An insurance-based contract that provides future payments at regular intervals in exchange for current premiums.
| Leasing |
Annuity
A stream of even (equal) cash flows occurring at regular intervals- such as even monthly lease payments. An annuity in advance is one in which the annuity payment is due at the beginning of each period. An annuity in arrears is one in which the annuity payment is due at the end of each period.
A stream of even (equal) cash flows occurring at regular intervals- such as even monthly lease payments. An annuity in advance is one in which the annuity payment is due at the beginning of each period. An annuity in arrears is one in which the annuity payment is due at the end of each period.
| Company Info: Ticker, Name, Description |
ANR
ANNUITY & LIFE RE LTD
Exchange: NYSE
Holding company with subsidiary which provides annuity and life reinsurance to select insurers and reinsurers.
ANNUITY & LIFE RE LTD
Exchange: NYSE
Holding company with subsidiary which provides annuity and life reinsurance to select insurers and reinsurers.
Annuity Definition from Language, Idioms & Slang Dictionaries & Glossaries
| Webster's Revised Unabridged Dictionary (1913) |
Annuity
(n.)
A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.
(n.)
A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.
| WordNet 2.0 |
annuity
Noun
1. income from capital investment paid in a series of regular payments; "his retirement fund was set up to be paid as an annuity"
(synonym) rente
(hypernym) regular payment
(hyponym) annuity in advance
Noun
1. income from capital investment paid in a series of regular payments; "his retirement fund was set up to be paid as an annuity"
(synonym) rente
(hypernym) regular payment
(hyponym) annuity in advance
| GLOSSARY OF ESOTERIC WORDS |
annuity
an investment yielding a fixed sum of money payable for a fixed number of years; pension, salary, remuneration.
annus (year)
yearly allowance***The school is yet to receive the annuity from the local civic body that it generally receives by the end of May.
an investment yielding a fixed sum of money payable for a fixed number of years; pension, salary, remuneration.
annus (year)
yearly allowance***The school is yet to receive the annuity from the local civic body that it generally receives by the end of May.
| hEnglish - advanced version |
annuity
annuity
\an*nu"i*ty\ (&?;), n.; pl. annuities (&?;). [ll. annuitas, fr. l. annus year: cf. f. annuité.] a sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.
annuity
n : income from capital investment paid in a series of regular payments; "his retirement fund was set up to be paid as an annuity" [syn: rente]
similar words(4)
reversionary annuity
terminable annuity
survivorship annuity
life annuity
annuity
\an*nu"i*ty\ (&?;), n.; pl. annuities (&?;). [ll. annuitas, fr. l. annus year: cf. f. annuité.] a sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.
annuity
n : income from capital investment paid in a series of regular payments; "his retirement fund was set up to be paid as an annuity" [syn: rente]
similar words(4)
reversionary annuity
terminable annuity
survivorship annuity
life annuity
| for Vocabulary Exams of KPDS, YDS,UDS (in Turkey); and SAT in America |
annuity
An annual allowance, payment, or income.
An annual allowance, payment, or income.
Annuity Definition from Law Dictionaries & Glossaries
| The 'Lectric Law Library |
ANNUITY
A series of fixed-amount payments paid at regular intervals over the period of the annuity.
A yearly sum of money granted by one party to another in fee for life or years, charging the person of the grantor only.
In a less technical sense, however, when the money is chargeable on land and on the person, it is generally called an annuity.
An anuuity is different from a rent charge, with which it is frequently confounded, in this; a rent charge is a burden imposed upon and issuing out of lands, whereas an annuity is chargeable only upon the person of the grantee.
An annuity may be created by contract, or by will. To enforce the payment of an annuity, the common law gives a writ of annuity which may be brought by the grantee or his heirs, or their grantees, against the grantor and his heirs. The action of debt cannot be maintained at the common law for the arrears of an annuity devised to A, payable out of lands during the life of B, to whom the lands are devised for life, B paying the annuity out of it, so long as the freehold estates continues. It has been ruled also, that if an action of annuity be brought, and the annuity determines pending the suit, the writ faileth forever because no such action is maintainable for arrearages only, but for the annuity and the arrearages.
The first payment of an annuity is to be made at the time appointed in the instrument creating it. In cases where testator directs the annuity to be paid at the end of the first quarter, or other period before the expiration of the first year after his death, it is then due; but in fact it is not payable by the executor till the end of the year. When the time is not appointed, as frequently happens in will, the following distinction is presumed to exist. If the bequest be merely in the form of an annuity as a gift to a man of "an annuity of one hnndred dollars for life" the first payment will be due at the end of the year after the testator's death. But if the disposition be of a sum of money, and the interest to be given as an annuity to the same man for life, the first payment will not accrue before the expiration of the second year after ihe testator's death. This distinction, though stated from the bench, does not appear to have been sanctioned by express decision.
This entry contains material from Bouvier's Legal Dictionary, a work published in the 1850's.
A series of fixed-amount payments paid at regular intervals over the period of the annuity.
A yearly sum of money granted by one party to another in fee for life or years, charging the person of the grantor only.
In a less technical sense, however, when the money is chargeable on land and on the person, it is generally called an annuity.
An anuuity is different from a rent charge, with which it is frequently confounded, in this; a rent charge is a burden imposed upon and issuing out of lands, whereas an annuity is chargeable only upon the person of the grantee.
An annuity may be created by contract, or by will. To enforce the payment of an annuity, the common law gives a writ of annuity which may be brought by the grantee or his heirs, or their grantees, against the grantor and his heirs. The action of debt cannot be maintained at the common law for the arrears of an annuity devised to A, payable out of lands during the life of B, to whom the lands are devised for life, B paying the annuity out of it, so long as the freehold estates continues. It has been ruled also, that if an action of annuity be brought, and the annuity determines pending the suit, the writ faileth forever because no such action is maintainable for arrearages only, but for the annuity and the arrearages.
The first payment of an annuity is to be made at the time appointed in the instrument creating it. In cases where testator directs the annuity to be paid at the end of the first quarter, or other period before the expiration of the first year after his death, it is then due; but in fact it is not payable by the executor till the end of the year. When the time is not appointed, as frequently happens in will, the following distinction is presumed to exist. If the bequest be merely in the form of an annuity as a gift to a man of "an annuity of one hnndred dollars for life" the first payment will be due at the end of the year after the testator's death. But if the disposition be of a sum of money, and the interest to be given as an annuity to the same man for life, the first payment will not accrue before the expiration of the second year after ihe testator's death. This distinction, though stated from the bench, does not appear to have been sanctioned by express decision.
This entry contains material from Bouvier's Legal Dictionary, a work published in the 1850's.
Annuity Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Annuity
Annuity may refer to:
- Annuity (finance theory), any recurring periodic series of payments
- Annuity (financial contracts), an insurance-like contract providing annual payments
- Annuity (US financial products)
- Annuity (European financial arrangements)
- Life annuity (also single payment annuity), a financial contract providing payments for a person's lifetime
- Annuity, a maintenance fee (patent) in patent law.
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