Daily Almanac for
May 26, 2012
Search: Infoplease Info search tips
Search: Biographies Bio search tips
| Share
 

Dictionary


imme'diate annu'ity




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. Cf. deferred annuity.

Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.

immediateimmediate constituent
    • Cite
    • Print
    • Bookmark

 

Related Content



A free, reliable Q&A site for homework help. Answerplease.com