refund annuity

An annuity that, upon the annuitant’s death, pays to the annuitant’s estate the difference between the purchase price and the total payments received during the annuitant’s lifetime.

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词条贡献者

双语律师Raymond，亚洲知名法学院法律专业，擅长翻译各类与生物科技与制药相关的法律文件。