certain annuity

/ˌsɜ:t(ə)n ə'nju:ɪti/ noun
an annuity which will be paid for a certain number of years only

Dictionary of banking and finance. 2015.

Look at other dictionaries:

  • certain annuity — One for a fixed term of years, subject to no contingency whatever • • • Main Entry: ↑annuity …   Useful english dictionary

  • certain annuity — terminable annuity A form of investment contract that pays fixed sums at scheduled intervals to an individual after he or she attains a specified age; it runs for a specified number of years …   Big dictionary of business and management

  • Years Certain Annuity — An insurance product that pays the holder a monthly income for a specified number of years. A years certain annuity is similar to other annuities because they are generally used to provide a steady income during retirement, but differ by… …   Investment dictionary

  • life income–period certain annuity — see annuity Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Term Certain Annuity — An insurance product that guarantees a periodic payment of a predetermined amount for a fixed term. Once the term has elapsed, these products are spent and offer no possibility of any future payments, even if the annuitant is still alive.… …   Investment dictionary

  • period-certain annuity — An annuity that provides guaranteed payments to an annuitant for a specified period of time. Bloomberg Financial Dictionary …   Financial and business terms

  • annuity certain — see annuity Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Annuity (European financial arrangements) — An annuity can be defined as a contract which provides an income stream in return for an initial payment.Immediate annuityAn immediate annuity is an annuity for which the income stream begins at a time after the initial payment which is less than …   Wikipedia

  • Annuity (US financial products) — In the U.S. an annuity contract is created when an individual gives a life insurance company money which may grow on a tax deferred basis and then can be distributed back to the owner in several ways. The defining characteristic of all annuity… …   Wikipedia

  • annuity — an·nu·ity /ə nü ə tē, nyü / n pl ities [Medieval Latin annuitas, from Latin annuus yearly] 1: an amount payable at regular intervals (as yearly or quarterly) for a certain or uncertain period 2: the grant of or the right to receive an annuity his …   Law dictionary

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