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Life annuity

The financial definition for Life annuity:

An annuity that pays a fixed amount for the lifetime of the annuitant.




Similar Matches

Annuity certain

Annuity certain
An annuity that pays a specific amount on a monthly basis for a set amount of time.


Annuity due

Annuity due
An annuity with n payments, where the first payment is made at time t = 0, and the last payment is made at time t = n - 1.


Annuity factor

Annuity factor
Present value of $1 paid for each of t periods.


Further Suggestions

Annuity in arrears
Annuity starting date
Combination annuity
Deferred nominal life Annuity
Deferred payment annuity
Equivalent annual annuity
Hybrid annuity


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Life annuity
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