- survivorship annuity
- An annuity for joint lives of two persons and for the life of the survivor. 4 Am J2d Annui § 6.
Ballentine's law dictionary. Anderson, W.S.. 1998.
survivorship annuity
Look at other dictionaries:
survivorship annuity — noun an annuity payable to one person in the event that someone else is unable to receive it • Syn: ↑reversionary annuity • Hypernyms: ↑annuity, ↑rente * * * noun : an annuity payable to a designated person in the event he survives an insured… … Useful english dictionary
joint and survivorship annuity — n: joint and survivor annuity at annuity Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
joint life and survivorship annuity — n: joint and survivor annuity at annuity Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
annuity — an·nu·ity /ə nü ə tē, nyü / n pl ities [Medieval Latin annuitas, from Latin annuus yearly] 1: an amount payable at regular intervals (as yearly or quarterly) for a certain or uncertain period 2: the grant of or the right to receive an annuity his … Law dictionary
joint and survivorship annuity — An annuity contract providing for payments to be made during the lives of two annuitants and to continue, after the death of one, for the life of the surviving annuitant. 4 Am J2d Annui § 6 … Ballentine's law dictionary
annuity — /an(y)uwatiy/ A right to receive fixed, periodic payments, either for life or for a term of years. Moore v. O Cheskey, App., 87 N.M. 66, 529 P.2d 292, 293. A fixed sum payable to a person at specified intervals for a specific period of time or… … Black's law dictionary
annuity — /an(y)uwatiy/ A right to receive fixed, periodic payments, either for life or for a term of years. Moore v. O Cheskey, App., 87 N.M. 66, 529 P.2d 292, 293. A fixed sum payable to a person at specified intervals for a specific period of time or… … Black's law dictionary
Annuity (US financial products) — In the U.S. an annuity contract is created when an individual gives a life insurance company money which may grow on a tax deferred basis and then can be distributed back to the owner in several ways. The defining characteristic of all annuity… … Wikipedia
Annuity (European financial arrangements) — An annuity can be defined as a contract which provides an income stream in return for an initial payment.Immediate annuityAn immediate annuity is an annuity for which the income stream begins at a time after the initial payment which is less than … Wikipedia
reversionary annuity — noun an annuity payable to one person in the event that someone else is unable to receive it • Syn: ↑survivorship annuity • Hypernyms: ↑annuity, ↑rente * * * noun : an annuity payable to some person upon another becoming for any reason unable to… … Useful english dictionary
