MLchartDataset catalogue

Fixed Annuity

Term · Finance and investing · MLC-T-FIN-000156

An insurance product that promises a minimum rate of interest while your account is growing. The insurance company also guarantees that the periodic payment will be for a set amount for a fixed period, such as 20 years, or an indefinite period, such as your lifetime.

Table 1. Record
IdentifierMLC-T-FIN-000156
FieldFinance and investing
ReferencesSEC Investor.gov Glossary
Record as JSON 
{
  "id": "MLC-T-FIN-000156",
  "term": "Fixed Annuity",
  "field": "Finance and investing",
  "definition": "An insurance product that promises a minimum rate of interest while your account is growing. The insurance company also guarantees that the periodic payment will be for a set amount for a fixed period, such as 20 years, or an indefinite period, such as your lifetime.",
  "references": [
    "SEC Investor.gov Glossary"
  ],
  "url": "https://mlchart.com/terminology/finance/fixed-annuity/"
}

Record 156 of 398 in Finance and investing terminology (MLC-0118). Request the full dataset.