- joint life annuity
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joint life annuity see annuity
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
joint life annuity
Look at other dictionaries:
joint life annuity — noun : an annuity payable only until the death of the first of two or more designated persons * * * Insurance. an annuity, the payments of which cease at the death of the first of two or more specified persons … Useful english dictionary
joint life annuity — Insurance. an annuity, the payments of which cease at the death of the first of two or more specified persons. * * * … Universalium
joint life annuity — An annuity that continues after the death of the first partner and ends after the death of the second partner … Financial and business terms
joint-life annuity — / dʒɔɪnt laɪf əˌnjuəti/ noun an annuity which continues to pay an amount to a spouse after the main beneficiary dies … Dictionary of banking and finance
life annuity — noun : an annuity payable during the lifetime of the annuitant called also single life annuity; compare annuity, joint life annuity, joint life and survivor annuity * * * Insurance. any annuity that is contingent upon the survival of the… … Useful english dictionary
joint-life and last-survivor annuities — Annuities that involve two people (usually husband and wife). A joint life annuity begins payment on a specified date and continues until both persons have died. A last survivor annuity only begins payment on the death of one of the two people… … Big dictionary of business and management
joint life and survivorship annuity — n: joint and survivor annuity at annuity Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
single-life annuity — /ˌsɪŋg(ə)l laɪf ə nju:ɪti/ noun an annuity which is paid only to one beneficiary, and stops when he or she dies (as opposed to a ‘joint life annuity’) … Dictionary of banking and finance
Life annuity — The life annuity is a financial contract according to which a seller (issuer) typically a financial institution such as a life insurance company makes a series of payments in the future to the buyer (annuitant) in exchange for the immediate… … Wikipedia
joint life and survivor annuity — noun : an annuity payable as long as any of two or more designated persons shall live … Useful english dictionary
