English dictionary

annuity in advance meaning and definition

Definition and meaning of annuity in advance at MeaningMonkey.org. annuity in advance meaning and definition in the English Dictionary.

ANNUITY IN ADVANCE noun

Definition of annuity in advance (noun)

  1. an annuity paid in a series of more or less equal payments at the beginning of equally spaced periods
    • "rent payable in advance constitutes an annuity in advance for the landlord"
Source: Princeton University Wordnet

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