For Annuity we have terms and definitions in 17 topics. The topics are Accounting, Accounting Terms, Charitable Donation, Charitable Donations, Employee Benefits, Finance, Financial, Frauds and Scams, Fundraising, Homeowners Insurance, Insurance, International Business, Offshore Trading, Purchasing A Home, Real Estate, Securities and Tax.

Annuity (Accounting)

in financeis a series of fixed paymentsusually over a fixed number of years; or for the lifetime of a personin which case it would be called a life-contingent annuity or simply life annuity.

Annuity (Accounting Terms)

Series of payments, usually payable at specified time intervals.

Annuity (Charitable Donation)

A contractual arrangement to pay a fixed sum of money to an individual at regular intervals. The charitable gift annuity is a gift to the Seaport Museum that secures fixed lifetime payments to the benefactor and/or another individual.

Annuity (Charitable Donations)

A sum of money payable yearly or at other regular intervals.

Annuity (Employee Benefits)

(1) A contract that provides an income for a specified period of time such as a number of years or for life. (2) The periodic payments provided under an annuity contract. (3) The specified monthly or annual payment to a pensioner. Often used synonymously with pension.

Annuity (Finance)

A regular periodic payment made by an insurance company to a policyholder for a specified period of time.

Annuity (Financial)

Is an insurance product which comes in two basic forms: fixed and variable. The fixed version can make a lump sum or periodic lifetime payments to the annuitant. The variable version has a separate account attached to the annuity contract. This type of contract is considered a security because it is dependent on equities and its total value is subject to fluctuate due to market risk.
There are many annuity varieties. Some are: Annuity Certain, Annuity Due, Deferred Annuity, Fixed Annuity, Life Annuity, Ordinary Annuity, Perpetuity, and Variable Annuity.
There are many annuity varieties. Some are: Annuity Certain, Annuity Due, Deferred Annuity, Fixed Annuity, Life Annuity, Ordinary Annuity, Perpetuity, and Variable Annuity.
Also, see Interest Impact on Present Value of Ordinary Annuity of 1 Per Period.
Also, see Interest Impact on Present Value of Ordinary Annuity of 1 Per Period.

Annuity (Frauds and Scams)

A tax sheltering vehicle. An unsecured contract between the company and the annuitant(s) that is used to provide for one's later years. All income taxes are deferred until maturing of the annuity. Capital gains and income accumulate tax deferred. Results in a stream of payments made to the annuitant during his or her lifetime under the annuity agreement. Taxes are paid on the income, interest earned and the capital gains but only to the extent as and when they are received. Currently, there is no annual limit on purchases, but there is no tax credit for purchases. An annuity is not an insurance policy.

Annuity (Fundraising)

An amount to be paid periodically. Usually (1) the amount is a fixed sum not dependent upon income; (2) the period is the life of an annuitant; and (3) the frequency of payment of the fixed sum is at least annual. Payers of annuities generally base the annuity on the life expectancy of the annuitant as well as the premium.

Annuity (Homeowners Insurance)

Originally, a payment made annually (each year). Today, it can mean any kind of payment made over a certain period of time or extended over the life of an individual. It can also refers to a tax-deferred investment account that is sold by insurers, banks and brokerage firms.

Annuity (Insurance)

A life insurance product that pays periodic income benefits for a specific period of time or over the course of the annuitant’s lifetime. There are two basic types of annuities: deferred and immediate: Deferred annuities allow assets to grow tax deferred over time before being converted to payments to the annuitant. Immediate annuities allow payments to begin within about a year of purchase.

Annuity (International Business)

A level stream of equal dollar payments that lasts for a fixed time. An example of an annuity is the coupon part of a bond with level annual payments.

Annuity (Offshore Trading)

A tax sheltering vehicle. An unsecured contract between the company and the annuitant(s) that grows deferred-free and is used to provide for one's later years. All income taxes are deferred until maturing of the annuity. Capital gains and income accumulate tax deferred. Results in a stream of payments made to the annuitant during his or her lifetime under the annuity agreement. Taxes are paid on the income, interest earned and the capital gains but only to the extent as and when they are received. Currently, there is no annual limit on purchases, but there is no tax credit for purchases. An annuity is not an insurance policy.

Annuity (Purchasing A Home)

An amount paid yearly or at other regular intervals, often on a guaranteed dollar basis.

Annuity (Real Estate)

A sum of money recieved by an annuitant in a series of fixed periodic payments.

Annuity (Securities)

Money is paid (usually to an insurance company) to someone who invests the money for a set period of time and then pays money to the annuitant (the one receiving the annuity) when he/she reaches a certain age. Fixed annuities guarantee a fixed payment amount, while variable annuities pay a varying amount depending on the fixed amount of initial investment.

Annuity (Tax)

a sequence of equal payments, usually made at regular intervals of time

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