bank annuitiesn. now historical certain classes of British government bonds; (frequently) spec. consolidated 3 per cent annuities (see consolidatedadj. 1b).
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1701 Jrnls. House of Lords17 489/1Bank Annuities, 3 per Cent. Bill.
1882 R. BithellCounting-house Dict. 224 Consols—commonly called Bank Annuities—are perpetual.
2004 Statist. Sci.19 7/2 His daughter Mary, at her death, held her money in 3% bank annuities.