Contracts that guarantee income, often for an individual's lifetime, in exchange for a lump sum or periodic payment. Annuity contracts have a number of standard variants, including deferred, fixed, immediate, or variable.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). annuities. Retrieved September 23, 2026, from http://smartdefine.org/annuities/definitions/1147669 |
| Chicago | Barry Goldsmith. 2010. "annuities" http://smartdefine.org/annuities/definitions/1147669 (accessed September 23, 2026). |
| Harvard | Barry Goldsmith 2010, annuities, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/annuities/definitions/1147669>. |
| MLA | Barry Goldsmith. "annuities" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/annuities/definitions/1147669> |