deferred annuity

An annuity that begins making payments on a specified date if the annuitant is alive at that time.

— Also termed deferred-payment annuity. Cf. immediate annuity.

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词条贡献者

法律翻译Max，毕业于一所培养最顶级翻译人才的语言学院，擅长翻译有关电信和互联网领域的法律文件。