life annuity

听听怎么读
英 [laif əˈnu:ɪti:]
美 [laɪf əˈnuɪti]
是什么意思
  • n.

    终身年金;

  • 英英释义

    Life annuity

    • A life annuity is a financial contract in the form of an insurance product according to which a seller (issuer) — typically a financial institution such as a life insurance company — makes a series of future payments to a buyer (annuitant) in exchange for the immediate payment of a lump sum (single-payment annuity) or a series of regular payments (regular-payment annuity), prior to the onset of the annuity.

    以上来源于:Wikipedia

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