See Also: Private Annuity(law)
Annuity due(money)
Annuity(money)
Annuity due(finance)
Annuity(finance)
Annuity certain(money)
annuity(dictionary)
annuity(encyclopedia)
annuity(dictionary)
Annuity certain(finance)

Private Annuity (law)




The sale, usually by one family member to another, of property or the payment of money in exchange for an agreement to make a stated periodic payment, e.g., weekly, monthly, annually, for the rest of the sellers life.