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ANNUITY IN ADVANCE

(noun)
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Definitions

There is 1 meaning of the phrase Annuity In Advance.

Annuity In Advance - as a noun

An annuity paid in a series of more or less equal payments at the beginning of equally spaced periods

Example: "Rent payable in advance constitutes an annuity in advance for the landlord"

Hypernyms (Closely Related)
annuity10rente5
Hyponyms (Broadly Related)

Example Sentences

"He decided to purchase an annuity in advance to ensure he would receive regular income during his retirement."
"The company offered an attractive annuity in advance to its employees as part of their retirement package."
"She received a lump sum payment in exchange for an annuity in advance, which would provide her with monthly payments for the next 20 years."
"The annuity in advance helped him cover his living expenses while he pursued his dream of starting his own business."
"Investing in an annuity in advance can offer financial stability for individuals who want guaranteed income during their senior years."
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