actuarial present value

actuarial present value. The amount of money necessary to purchase an annuity that would generate a particular monthly payment, or whatever periodic payment the plan provides, for the expected remaining life span of the recipient.

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词条贡献者

译员Dennis，毕业于英国顶尖的高级翻译学院，专注翻译各种与高管退休金和员工福利有关的法律文件。