annuitising

annuitising
annuitise (Brit.) v. start to receive regular payments from an annuity; change an amount of money into regular payments (also annuitize)

English contemporary dictionary. 2014.

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  • Mortality drag — is a term used, in reference to lifetime annuities, to describe a negative impact that is experienced when an annuity purchase is delayed on a fund from which regular withdrawals are being taken by an individual. It is the increasing risk of… …   Wikipedia

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