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/ English Dictionary

SURVIVORSHIP ANNUITY

Pronunciation (US): Play  (GB): Play

 I. (noun) 

Sense 1

Meaning:

An annuity payable to one person in the event that someone else is unable to receive itplay

Synonyms:

reversionary annuity; survivorship annuity

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("survivorship annuity" is a kind of...):

annuity; rente (income from capital investment paid in a series of regular payments)

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