reversionary annuity

noun

: an annuity payable to some person upon another becoming for any reason unable to receive it and usually equivalent to a survivorship annuity

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Dictionary Entries Near reversionary annuity

reversionary

reversionary annuity

reversion duty

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“Reversionary annuity.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/reversionary%20annuity. Accessed 26 Nov. 2024.

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