annuity in advance


Also found in: Thesaurus, Financial.
Related to annuity in advance: deferred annuity, ordinary annuity
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Noun1.annuity in advance - an annuity paid in a series of more or less equal payments at the beginning of equally spaced periodsannuity in advance - an annuity paid in a series of more or less equal payments at the beginning of equally spaced periods; "rent payable in advance constitutes an annuity in advance for the landlord"
annuity, rente - income from capital investment paid in a series of regular payments; "his retirement fund was set up to be paid as an annuity"
rent - a payment or series of payments made by the lessee to an owner for use of some property, facility, equipment, or service