annuity

1. Income from capital investment paid in a series of regular payments (synset 113315526)
   "his retirement fund was set up to be paid as an annuity"
   is a type of: regular payment - a payment made at regular times
   subtypes:

   • annuity in advance - an annuity paid in a series of more or less equal payments at the beginning of equally spaced periods
   • ordinary annuity - an annuity paid in a series of more or less equal payments at the end of equally spaced periods
   • reversionary annuity, survivorship annuity - an annuity payable to one person in the event that someone else is unable to receive it
   • tontine - an annuity scheme wherein participants share certain benefits and on the death of any participant his benefits are redistributed among the remaining participants; can run for a fixed period of time or until the death of all but one participant
   same as: rente

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