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

译者成昱，毕业于世界顶级翻译学院，擅长翻译各种与集体诉讼相关的法律文件。