annuitizing

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

English contemporary dictionary. 2014.

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Look at other dictionaries:

  • Annuity (US financial products) — In the U.S. an annuity contract is created when an individual gives a life insurance company money which may grow on a tax deferred basis and then can be distributed back to the owner in several ways. The defining characteristic of all annuity… …   Wikipedia

  • Annuity (European financial arrangements) — An annuity can be defined as a contract which provides an income stream in return for an initial payment.Immediate annuityAn immediate annuity is an annuity for which the income stream begins at a time after the initial payment which is less than …   Wikipedia

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