| English Dictionary |
REVERSIONARY ANNUITY
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Dictionary entry overview: What does reversionary annuity mean?
• REVERSIONARY ANNUITY (noun)
The noun REVERSIONARY ANNUITY has 1 sense:
1. an annuity payable to one person in the event that someone else is unable to receive it
Familiarity information: REVERSIONARY ANNUITY used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
An annuity payable to one person in the event that someone else is unable to receive it
Classified under:
Nouns denoting possession and transfer of possession
Synonyms:
reversionary annuity; survivorship annuity
Hypernyms ("reversionary annuity" is a kind of...):
annuity; rente (income from capital investment paid in a series of regular payments)
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