annuitant investment & finance definition
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A person who receives the benefits from an annuity. When the owner decides to receive regular payments, it is called annuitizing the policy or contract. See also annuity.
Annuitant
Definition:
An individual who receives benefits from an annuity. ...
Annuitant: A person who receives annuity payments.
Annuity: A contract providing for a series of payments to be made or received at regular intervals.
Annuitant: An individual who purchases an annuity and will receive payments from that annuity.
Annuity: A contract that guarantees a series of payments in exchange for a lump sum investment.
Annuitant
1. A person who receives the benefits of an annuity or pension.
2. The person upon whom a life-insurance contract is based.
Annuitant Person who holds an annuity contract.
Annuitize To begin to receive payments from an annuity or to create a system of periodic, fixed payments from an investment account.
Annuitant The person who receives an annuity income payment.
Annuity (or Annuity Contract) A contract, traditionally sold by insurance companies (but is also sold by other financial services companies), ...
Annuitant
An annuitant is a person who receives income from an annuity. If you receive a distribution from an annuity that you or your employer buys with your 401(k) assets, you're the annuitant.
Annuitant
An individual who receives benefits from an annuity.
Annuitize
To commence a series of payments from the capital that has accumulated in an annuity. The payments may be a fixed amount, for a fixed period of time, or for a lifetime.
deferred payment annuity An annuity by whose terms payments are made to the annuitant only after a specified period of time has passed. deferred revenue Deferred Revenue refers to income or income items a business receives but has...
In most cases, the annuity ceases once the annuitant dies. In rare instances, an annuity can be contracted to roll over to a surviving spouse or minor children.
is an annuity insuring that the person who purchases an annuity (the annuitant) continues to get income that will last the rest of their lives, on top of which is guaranteed for a certain amount of years even if the annuitant dies prematurely.
These insurance products are an excellent way for an annuitant to provide for him/herself and his/her spouse until the annuitant's death and to provide for the spouse and the beneficiary following the annuitant's death.
In order for a private annuity to be put in place, both an annuitant and an obligor are needed. The annuitant is giving the obligor a certain amount of money to be placed in the annuity.
Mortality risk: The risk that the remaining lifetime for an annuitant will be different than expected by the mortality tables used by the insurance company.
Annuity: Money is paid (usually to an insurance company) to someone who invests the money for a set period of time and then pays money to the annuitant (the one receiving the annuity) when he/she reaches a certain age.
Annuity: A contract offered by an insurance company that provides the investor, or annuitant (can be different from the investor), with a guaranteed stream of income in the future in exchange for an investment or periodic investments today.
Form of contract sold by life insurance companies that guarantees a fixed or variable payment to the annuitant at some future time, usually retirement.
Appreciation
Increase in value of an asset such as a stock, bond, commodity or real estate.
Period-certain annuity
An annuity that provides guaranteed payments to an annuitant for a specified period of time.
Philadelphia Board of Trade (PBOT)
A subsidiary of the Philadelphia Stock Exchange that trades currency futures.
Fixed Annuity - Insurance company guarantees dollar amount of payments to the annuitant for the period covered under the contract.
Flat - A bond trading without accrued interest is said to be trading "flat." ...
between an insurance company and a person that provides for periodic payments to the individual or designated beneficiary in return for an investment. Typically, an annuity agrees to provide payments to the purchaser of the contract (annuitant) ...
An option under an annuity which provides payments, sometimes reduced, to a survivor after the annuitant's death.
Joint Tenants In Common (TEN COM) ...
Annuity that guarantees fixed payments to the annuitant, either for life or for a set period of time. Fixed-income security
A security, such as a bond or money market instrument, that pays a specific interest rate. Float ...
 See also: Annuity, Investment, Income, Period, Option
  
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