annuity

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  • noun

Synonyms for annuity

income from capital investment paid in a series of regular payments

References in periodicals archive ?
Another question is whether balances have to be annuitised or can be withdrawn lump-sum in part or in total.
It follows that, abstracting income taxes, the domestic real wage in the micro-state is exogenously determined by the foreign real wage adjusted downwards for annuitised migration costs[3].
Despite slight modifications in details, from 1956 the general principle of UK pension policy was that pension wealth accumulated in a personal pension should be annuitised at retirement.
The law also allows one-third of the retirement saving to be cashed out as a lump sum, with the remaining two-thirds to be annuitised.
It finds that a man aged 65 with a coefficient of relative risk aversion of two would be prepared to pay 75p per 100 [pounds sterling] annuitised for protection against aggregate mortality risk while a man with risk aversion of twenty would be prepared to pay 5.