variable annuity
Definition
Annuity in which the amount of periodic payment varies according to the income generated by the assets in an investment portfolio. Variable annuities are used generally as inflation hedge.
Popular 'General, Marine, & Life Insurance' Terms
variable annuity in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/variable-annuity.html
