survivorship annuity

An annuity providing for continued payments to a survivor, usu. a spouse, after the original annuitant dies.

— Also termed continuing annuity.

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词条贡献者

双语律师郭敏，国际知名商学院金融专业，擅长翻译各类与金融衍生品与结构化产品相关的法律文件。