Category
page 1Annuities
annuity
In investment, an annuity is a series of payments of the same kind made at equal time intervals, usually over a finite term. Annuities are commonly issued by life insurance companies, where an individual pays a lump sum or a series of premiums in return for regular income payments, often to provide retirement or survivor benefits.
perpetuity
In finance, a perpetuity is an annuity with payments that continue indefinitely.
annuity
financial contract which provides an income stream in return for an initial payment with specific parameters
life annuity
type of annuity