joint and survivorship annuity

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. . 1998.

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  • 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

  • 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

  • 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

  • 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

  • joint — United; combined; undivided; done by or against two or more unitedly; shared by or between two or more; coupled together in interest or liability. The term is used to express a common property interest enjoyed or a common liability incurred by… …   Black's law dictionary

  • joint — United; combined; undivided; done by or against two or more unitedly; shared by or between two or more; coupled together in interest or liability. The term is used to express a common property interest enjoyed or a common liability incurred by… …   Black's law dictionary

  • Rights and responsibilities of marriages in the United States — According to the United States Government Accountability Office (GAO), there are over a thousand federal laws that treat married people differently from single people. It should be noted that these rights and responsibilities apply only to male… …   Wikipedia

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