Immediate annuity
Term · Finance and investing · MLC-T-FIN-000194
This annuity has no accumulation phase. Instead, you start receiving annuity payments right after you purchase the annuity.
| Identifier | MLC-T-FIN-000194 |
|---|---|
| Field | Finance and investing |
| References | SEC Investor.gov Glossary |
Record as JSON
{
"id": "MLC-T-FIN-000194",
"term": "Immediate annuity",
"field": "Finance and investing",
"term_source": "Immediate Annuity",
"definition": "This annuity has no accumulation phase. Instead, you start receiving annuity payments right after you purchase the annuity.",
"references": [
"SEC Investor.gov Glossary"
],
"url": "https://mlchart.com/terminology/finance/immediate-annuity/"
}
Record 194 of 398 in Finance and investing terminology (MLC-0118). Request the full dataset.