cash refund annuity

An annuity providing for a lump-sum payment after the annuitant’s death of the difference between the total received and the price paid.

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词条贡献者

专业法律翻译郭敏，毕业于欧洲顶尖的高级翻译学院，专注翻译各类与复杂保险交易有关的法律文件。