Annuity due


 

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Annuity due

An annuity with n payments, where the first payment is made at time t = 0, and the last payment is made at time t = n - 1.



Annuity due

Similar Matches

Annuity certain

Annuity certain

An annuity that pays a specific amount on a monthly basis for a set amount of time.


Compulsory purchase annuity

Compulsory purchase annuity

See 'annuity'.


Tax sheltered annuity

Tax sheltered annuity

A type of retirement plan under Section 403(b) of the Internal Revenue Code that permits employees of public educational organizations or tax-exempt organizations to make before-tax contributions via a salary reduction agreement to a tax-sheltered retirement plan. Employers are also allowed to make direct contributions on behalf of employees.


Annuity certain

Annuity certain

See 'annuity'.


Deferred payment annuity

Deferred payment annuity

An annuity that stipulates payments be made to the annuitant at a later date, such as when the annuitant reaches a certain age.


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