| 单词 | long annuity |
| 释义 | > as lemmaslong annuity long annuity n. Finance (now chiefly historical) an annuity which expires after a long period of time; spec. one issued as an incentive to investors in British government stock in the late eighteenth and nineteenth centuries, which expired in January 1860. ΘΚΠ society > trade and finance > financial dealings > types of money-dealing > [noun] > investment > annuity > schemes or types of long annuity?1711 perpetuity1715 irredeemable1720 tontine1765 terminable annuity1778 ?1711 J. Armour Humble Petition (single sheet) There may be many Millions saved of the Debts that are on the long Annuities of 99 Years. 1809 R. Langford Introd. Trade 57 Long annuities 161/ 2 means, that an annuity of 100l. from the present time to the year 1860, will cost..161/ 2 years' purchase; at which time they will expire. This stock was originally for 99 years. 1847 Bankers' Mag. Feb. 480 The rate of interest might be fixed at 3 or 4 per cent., together with a long annuity, if necessary. 1888 S. Buxton Finance & Politics I. 189 (note) The ‘Long Annuities’ dated from 1780. Their actual amount in 1860 was £1,200,000. 1960 J. Carswell South Sea Bubble viii. 151 The natural value of the long annuity, considered as a fixed interest security, was sixteen times the annual income. 2004 R. Dale First Crash vi. 105 The long annuities were traded in the early months of 1720 at 24/25 years' purchase. < as lemmas |
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