HomeDefinitionsCompareDebt Immediate payment annuityThe financial definition for Immediate payment annuity:An annuity contract paid by a single payment and with a specified payment plan the starts immediately after the contract is purchased. Similar MatchesImmediate or canceled order (IOC order)Immediate or canceled order (IOC order)Market or Market that is to be Market in whole or in part as soon as such order is represented in theMarket. The portion not executed is to be treated as Market A Market is considered an execution in this context. See: Market, Market. Immediate settlementImmediate settlementDelivery and settlement of securities within five business days. Click to compare definitions of Immediate payment annuity Click to view definitions beginning im |