What is the definition of Annuity contract? | Dictionary.net

ANNUITY CONTRACT

\ɐnjˈuːɪti kˈɒntɹakt], \ɐnjˈuːɪti kˈɒntɹakt], \ɐ_n_j_ˈuː_ɪ_t_i k_ˈɒ_n_t_ɹ_a_k_t]\

Definitions of ANNUITY CONTRACT

1910 - Black's Law Dictionary (2nd edition)

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A contract that defines an annuity plan. The number of payments and the amount paid is on this. As well as the start and end date and names of parties involved.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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