| / English Dictionary |
REVERSIONARY ANNUITY
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
An annuity payable to one person in the event that someone else is unable to receive it
Synonyms:
reversionary annuity; survivorship annuity
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("reversionary annuity" is a kind of...):
annuity; rente (income from capital investment paid in a series of regular payments)
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