annuity contract
Definition
Agreement that defines the type and terms of an annuity plan. It generally specifies the amount and number of payments, states the payback starting date, and names the annuitant and the beneficiary.
annuity contract is in the General, Marine, & Life Insurance and Investing subjects.
annuity contract appears in the definitions of the following terms: deferred annuity, cash refund annuity, annuitant and annuity certain
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