straight annuity

An annuity that makes payments in fixed amounts at periodic intervals. Cf. variable annuity.

straight annuity 终身定额年金以年金领取人的生存为支付条件的定额年金。即在年金领取人生存期间，保险人按月或按年定期支付定额年金，年金领取人死亡时停付，并不向第三人退还任何本金与利息。