Annuity
An investment where the investor pays a lump sum in return for a regular income, usually for the rest of their life.
« Back to Glossary Indexby Mike Rawson ·
An investment where the investor pays a lump sum in return for a regular income, usually for the rest of their life.
« Back to Glossary Index
by Mike Rawson · Published July 6, 2021
by Mike Rawson · Published March 11, 2020 · Last modified October 11, 2023
by Mike Rawson · Published October 25, 2022
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