Definitions for "Joint and Survivor Annuity"
A type of annuity opened by and intended for two people, that makes payments for the entire lifetime of both beneficiaries, even if one of them dies.
An annuity under which a series of payments is made to two or more annuitants. The annuity payments continue until both or all of the annuitants have died. Also called a joint and last survivorship annuity.----------[ Back
same as joint life annuity
Keywords:  january, stock, effect, company
January Effect Joint Stock Company