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单词 purchased life annuity
释义

Definition of purchased life annuity in English:

purchased life annuity

noun
British
  • An annuity voluntarily purchased with a single premium that provides income from a specified starting date for the rest of the policyholder's lifetime.

Origin

Mid 19th century; earliest use found in Journal of the Royal Statistical Society.

Definition of purchased life annuity in US English:

purchased life annuity

noun
British
  • An annuity voluntarily purchased with a single premium that provides income from a specified starting date for the rest of the policyholder's lifetime.

Origin

Mid 19th century; earliest use found in Journal of the Royal Statistical Society.

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更新时间:2024/10/19 17:21:20