单词 | annuitizing |
释义 | annuitizingn. The action of converting an investment or other sum of money into an annuity or series of regular payments. ΚΠ 1964 Financial Analysts Jrnl. 20 107/2 There can be no question as to the appropriate discounting ‘interest’ rate for purposes of present-worth or annuitizing calculations. 1975 Hosp. Med. Staff (Amer. Hosp. Assoc.) May 39 Provision for monthly payments or annuitizing of awards in order to prevent windfalls. 1983 N.Y. Times 12 Feb. i. 30/3 Once the distribution starts—known in the insurance industry as annuitizing—the annuitant can no longer touch the invested capital. 2002 Financial Times 5 Jan. (FT Money section) 4/5 The advantage of annuitising is that the funds of those who die early in effect pay for a higher annual return for those who don't. This is a new entry (OED Third Edition, June 2022). < n.1964 |
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