Advertising

Life annuity

• A series of payments that are made at regular intervals as long as a named individual, the annuitant, is then alive. Also known as a straight life annuity.

 
 

Follow this link for all the terms related to annuity.

 
 Embedded terms in definition
 Annuitant
Annuity
Long
Series
 
 Related Terms
 

<< Lien Life annuity with period certain >>

Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

The future belongs to those who believe in the beauty of their dreams. - Eleanor Roosevelt

Advertising



Copyright 2009-2018 GVC. All rights reserved.