nonrefund annuity

An annuity with guaranteed payments during the annuitant’s life, but with no refund to anyone at death.

— Also termed straight life annuity; pure annuity.

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词条贡献者

双语律师Roger，毕业于一所培养最顶级翻译人才的语言学院，擅长翻译各类与商业秘密咨询与诉讼相关的法律文件。