bank annuity


Also found in: Financial, Encyclopedia.

bank annuity

n. Chiefly British
See consol.

bank annuity

n
(Banking & Finance) another term for consol
Mentioned in ?
References in periodicals archive ?
Source: "Michael White-ABIA Bank Annuity Fee Income Report"
The "Michael White-ABIA Bank Annuity Fee Income Report" indicates, however, that annuity income would have been down were it not for the contributions of new reporters in the form of thrift holding companies (THCs) and new bank holding company (BHC) Raymond James Financial, Inc.
The annual Michael White-ABIA Bank Annuity Fee Income Report[TM] and Michael White-Prudential Bank Insurance Fee Income Report[TM] provide, respectively, comprehensive analyses of bank annuity commission income and bank insurance brokerage.
The report itself is a summary of results from its monthly bank annuity sales survey, based on a national sample of banks that have a minimum of $4 billion in assets.