Home > Term: joint and survivor annuity
joint and survivor annuity
A type of annuity opened by and intended for two people, that makes payments for the entire lifetime of both beneficiaries, even if one of them dies.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: General Finance
- Company: Bloomberg
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- Jessehe
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(V.I.P) 32013 points - 40.13% positive feedback
