deferred annuity

An annuity in which payments do not start at once but either at a specified later date or when the policyholder reaches a specified age.

Accounting dictionary. 2014.

Look at other dictionaries:

  • deferred annuity — ➔ annuity * * * deferred annuity UK US noun [C] ► INSURANCE an annuity (= yearly payment) in which an insurance company does not begin making payments until an agreed date: »Writing deferred annuities for scheme members who are still in their… …   Financial and business terms

  • deferred annuity — see annuity Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Deferred Annuity — A type of annuity contract that delays payments of income, installments or a lump sum until the investor elects to receive them. This type of annuity has two main phases, the savings phase in which you invest money into the account, and the… …   Investment dictionary

  • deferred annuity — /dəfɜd əˈnjuəti/ (say duhferd uh nyoohuhtee) noun an annuity that commences payment at a stated time in the future, that is, the first payment is deferred, usually until the holder s retirement …   Australian English dictionary

  • deferred annuity — an annuity that starts at the end of a specified period or after the annuitant reaches a certain age. Cf. immediate annuity. * * * …   Universalium

  • deferred annuity — de·ferred an·nu·i·ty || dɪ fɜːd n. annuity that begins at the end of a designated period or after the recipient of the annuity reaches a certain age …   English contemporary dictionary

  • deferred annuity — An annuity in which payments do not start at once but either at a specified later date or when the policyholder reaches a specified age …   Big dictionary of business and management

  • deferred annuity — noun : an annuity providing for the first payment to be made to the annuitant at some date later than the end of the first year following purchase …   Useful english dictionary

  • deferred annuity contract — An agreement in which the terms require payment to begin after a certain period of time has elapsed; e.g., payment will begin when the annuitant reaches the age of 60. See annuity …   Black's law dictionary

  • Single-Premium Deferred Annuity - SPDA — A type of annuity contract that is established with a single lump sum payment by the owner. The annuity then grows on a tax deferred basis until annuitization. Single Premium Deferred Annuities (SPDA) can be either fixed or variable, and… …   Investment dictionary

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