What is the meaning of ANNUITY IN ADVANCE?

ANNUITY IN ADVANCE is a form of periodic payment. Payments are made at the beginning of each payment period rather than at the end of each period, as with a normal annuity.

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APABarry Goldsmith. (2010). annuity in advance. Retrieved September 29, 2026, from http://smartdefine.org/annuity_in_advance/definitions/1147676
ChicagoBarry Goldsmith. 2010. "annuity in advance" http://smartdefine.org/annuity_in_advance/definitions/1147676 (accessed September 29, 2026).
HarvardBarry Goldsmith 2010, annuity in advance, Smart Define, viewed 29 September, 2026, <http://smartdefine.org/annuity_in_advance/definitions/1147676>.
MLABarry Goldsmith. "annuity in advance" 21 October 2010. Web. 29 September 2026. <http://smartdefine.org/annuity_in_advance/definitions/1147676>
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