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 itplay

  Familiarity information: REVERSIONARY ANNUITY used as a noun is very rare.


 Dictionary entry details 


REVERSIONARY ANNUITY (noun)


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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