Definitions for "Annuity"
Keywords:  defer, lifetime, retire, pension, lump
A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.
An annual cash payment, granted for life or a term of years as stipulated in a contract between a lord and a retainer. (Waugh, Scott. England in the Reign of Edward III, 237)
(1) The amount of money payable yearly or at other regular intervals. (2) An agreement by an insurer to make periodic payments that continue during the survival of the annuitant (the beneficiary of the policy) or for a specified period.
Keywords:  baggage, loss, insure
to insure baggage against loss
Also known as an EIA. An annuity that offers both a guarantee of principal and earnings linked to the upside movement of an equity index.
Monthly benefit payable to a retiree or survivor.
Keywords:  audit, anticipation
anticipation audit
Keywords:  prize, cash, years, series, over
A prize paid out in installments, typically over 20 or 25 years. (See also "cash option.")
A series of equal cash flows over a number of years.
Keywords:  charitable, gift, ways, see
Please see "Ways to Give - Charitable Gift Annuities" .
An annual fee that must be paid to most patent offices to maintain a patent in force. In the U.S., the fee is called a maintenance fee.
A conservative financial vehicle that allows an individual to set aside and/or accumulate funds for a future need.
Keywords:  increase, home, value
An increase in the home's value