Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “deferred annuity”

deferred annuity

noun [C]
 
 
INSURANCE an annuity (= yearly payment) in which an insurance company does not begin making payments until an agreed date: Writing deferred annuities for scheme members who are still in their twenties and thirties is highly risky for insurers that have trouble finding assets to back them up.
(Definition of deferred annuity from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of deferred annuity?
Add Cambridge dictionaries to your browser to your website

Word of the Day

see the light of day

When something sees the light of day, it appears for the first time.

Word of the Day

Highly delighted, bitterly disappointed, ridiculously cheap: adverbs for emphasis.

by Liz Walter,
October 22, 2014
We often make adjectives stronger by putting an adverb in front of them. The most common ones are very and, for a stronger meaning, extremely: He was very pleased. The ship is extremely large. However, we don’t use very or extremely for adjectives that already have a strong meaning, for example fantastic,

Read More 

life tracking noun

October 20, 2014
the use of one or more devices or apps to monitor health, exercise, how time is spent, etc.

Read More