Deferred payment annuity

An Annuity for which payments are made to the Annuitant only after a specified period of time has passed.

Related Terms: 4 Annuitant, Annuity, ECI, UIT

Other Related Pages: Category: Retirement Starting With: D

Additional Related Terms: Allowance for depreciation, Annuity unit, Average collection period, Accrual of discount, After-tax basis, Amortization of premium, All or any part, Annuitant, Annuity, Add-on service