Meaning Of The Word Immediate annuity

What's the definition of Immediate annuity? Find Immediate annuity meanings, definitions and more at the Real Dictionary online.
Immediate annuity Meaning

Immediate annuity Definition |
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What's The Definition Of Immediate annuity?
immediate annuity in American English
noun: an annuity bought with a single premium, with payments to the annuitant to begin at the end of one payment period, as a month or a year immediate annuity in British English noun: an annuity that starts less than a year after its purchase immediate annuity in Insurance noun: An immediate annuity is an annuity contract in which payouts begin immediately or within one year. |
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