单词 | standard annuity |
释义 | standard annuity in Insurance (stændərd ənuɪti) Word forms: (plural) standard annuities noun (Insurance: Life insurance, Pensions) annuityA standard annuity is a retirement investment insurance contract that pays a regular income in return for a lump sum payment. If poor health is expected to reduce your life span, then you might qualify for anenhanced annuity, which will pay you a much higher income than a standard annuity could offer. A standard annuity is an arrangement where you make a lump sum investment and, from this investment,you receive a guaranteed level of income. A standard annuity is a retirement investment insurance contract that pays a regular income in returnfor a lump sum payment. |
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