WordReference Random House Unabridged Dictionary of American English © 2025
imme′diate annu′ity,
- Businessan annuity bought with a single premium, with payments to the annuitant to begin at the end of one payment period, as a month or a year. Cf. deferred annuity.
'immediate annuity' also found in these entries (note: many are not synonyms or translations):