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。