annuity policy


annuity policy
A contract of an insurance company for the payment of an annuity beginning at a certain age of the annuitant stated in the policy, in consideration of a single premium or annual premiums payable by the annuitant. 4 Am J2d Annui § 1.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • annuity policy — ➔ insurance policy …   Financial and business terms

  • annuity — an·nu·ity /ə nü ə tē, nyü / n pl ities [Medieval Latin annuitas, from Latin annuus yearly] 1: an amount payable at regular intervals (as yearly or quarterly) for a certain or uncertain period 2: the grant of or the right to receive an annuity his …   Law dictionary

  • annuity — /an(y)uwatiy/ A right to receive fixed, periodic payments, either for life or for a term of years. Moore v. O Cheskey, App., 87 N.M. 66, 529 P.2d 292, 293. A fixed sum payable to a person at specified intervals for a specific period of time or… …   Black's law dictionary

  • annuity — /an(y)uwatiy/ A right to receive fixed, periodic payments, either for life or for a term of years. Moore v. O Cheskey, App., 87 N.M. 66, 529 P.2d 292, 293. A fixed sum payable to a person at specified intervals for a specific period of time or… …   Black's law dictionary

  • Annuity (US financial products) — In the U.S. an annuity contract is created when an individual gives a life insurance company money which may grow on a tax deferred basis and then can be distributed back to the owner in several ways. The defining characteristic of all annuity… …   Wikipedia

  • Annuity (European financial arrangements) — An annuity can be defined as a contract which provides an income stream in return for an initial payment.Immediate annuityAn immediate annuity is an annuity for which the income stream begins at a time after the initial payment which is less than …   Wikipedia

  • policy — Synonyms and related words: accident insurance, action, actuary, annuity, approach, arrangement, assurance, autarky, aviation insurance, bail bond, behavior, bimetallism, bingo, bond, business life insurance, card games, casualty insurance,… …   Moby Thesaurus

  • annuity — Synonyms and related words: accident insurance, actuary, aid, alimony, allotment, allowance, assistance, assurance, aviation insurance, bail bond, bond, bounty, business life insurance, casualty insurance, certificate of insurance, court bond,… …   Moby Thesaurus

  • annuity — [[t]ənju͟ːɪti, AM ənu͟ːɪti[/t]] annuities N COUNT An annuity is an investment or insurance policy that pays someone a fixed sum of money each year. Syn: endowment …   English dictionary

  • Charitable Gift Annuity — A Charitable Gift Annuity is a gift vehicle that falls in the category of Planned Giving. It involves a contract between a donor and a charity, whereby the donor transfers cash or property to the charity in exchange for a partial tax deduction… …   Wikipedia


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