refund annuity: Meaning and Definition of

re'fund annu"ity

Pronunciation: [key]
— Insurance. Insurance.
  1. an annuity providing for a lump-sum payment or installment payments to the beneficiary for the amount remaining of the purchase price at the death of the annuitant.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
refund refurbish
✖
 

 

sandbbox logo
©2022 Sandbox Networks Inc. All rights reserved. Sandbox Learning is part of Sandbox & Co., a digital learning company.