ORDINARY ANNUITY

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

An annuity paid in a series of more or less equal payments at the end of equally spaced periods

Classified under:

Nouns denoting possession and transfer of possession

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

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

Credits