immediate annuity

(redirected from Immediate Payment Annuities)
Also found in: Financial.

immediate annuity

n
(Banking & Finance) an annuity that starts less than a year after its purchase. Compare deferred annuity
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
Mentioned in ?
Full browser ?