- temporary life annuity
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an annuity that ceases upon the death of the annuitant or upon the expiration of a period of time, whichever occurs first.
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Universalium. 2010.
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Universalium. 2010.
temporary life annuity — noun : an annuity payable for a life not extending beyond a specified date * * * Insurance. an annuity that ceases upon the death of the annuitant or upon the expiration of a period of time, whichever occurs first … Useful english dictionary
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temporary annuity — noun : an annuity payable for a limited time only; usually : temporary life annuity … Useful english dictionary
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