Definition of annuity in advance Annuity in advance
We found 1 definitions of annuity in advance from 1 different sources.
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What does annuity in advance mean?
WordNet
Noun |
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| annuity 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" | ||
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