Meaning Of The Word Life annuity

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

Life annuity Meaning

Life annuity Definition
Life annuity Definition

What's The Definition Of Life annuity?

life annuity in American English
noun: any annuity that is contingent upon the survival of the annuitant or annuitants, esp. an annuity that terminates with the death of a single annuitant

life annuity in British English
noun: an annuity that pays out regularly for the life of its owner

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