Terminable annuity

an annuity for a stated, definite number of years; - distinguished from life annuity, and perpetual annuity.

See also: Terminable

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In such cases the amount of a claim shall be established in the following manner: 1) in cases concerning the collection of money - according to the amount sought; 2) in cases concerning the recovery of property - according to the market value of the property to be recovered; 3) in cases concerning the collection of an award of support to be made in periodic payments - according to the total amount of the payments for one year; 4) in cases concerning a terminable annuity or allowance - according to the total amount of all the payments or allowances, but no more than for three years;