bank annuity


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bank annuity

n. Chiefly British
See consol.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

bank annuity

n
(Banking & Finance) another term for consol
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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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.