| 单词 | purchased life annuity |
| 释义 | > as lemmaspurchased life annuity purchased life annuity n. originally and chiefly British an annuity voluntarily purchased with a single premium that provides income from a specified starting date for the rest of the policyholder's lifetime; cf. annuity n. 1c. ΚΠ 1861 Jrnl. Statist. Soc. 24 376 I am convinced..that the present tax is unjustly levied as regards..purchased terminable annuities... I am not clear, however, as to purchased life annuities. 1967 Daily Gleaner (Kingston, Jamaica) 21 Apr. 19/2 Under the law all purchased life annuities are taxable in full. 2001 Financial Times 27 Jan. (Money section) 12/1 (table) A purchased life annuity is bought with your own money or tax free cash from a pension. < as lemmas |
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