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

法律翻译William，毕业于法国一流的高级翻译学院，擅长翻译有关农业和食品领域的法律文件。