FT MarketWatch

Fixed annuity

An investment vehicle offered by an Insurance company, that guarantees a stream of fixed payments over the life of the Annuity. The Insurer, not the Insured, takes the investment Risk. also called fixed dollar Annuity.

Related Terms: 9 Annuity, Call, Guarantee, Insurance, Insured, Insurer, Offer, Risk, UIT
Other Related Pages: Category: Insurance Starting With: F
Semi Related Terms: 509 CLICK HERE TO VIEW
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