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 August 20, 2020
by Mike Rawson · Published September 7, 2015 · Last modified October 18, 2016
by Mike Rawson · Published March 11, 2022
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The only function of economic forecasting is to make astrology look respectable.