ANNUITY CONTRACT collocation | meaning and examples of use (original) (raw)
collocation in English
meanings of annuity and contract
annuity
uk
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/əˈnjuː.ə.ti/us
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/əˈnjuː.ə.t̬i/
a fixed amount of money paid to someone every year, usually until their death, or the insurance agreement or investment that provides the money that ...
contract
uk
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/ˈkɒn.trækt/us
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/ˈkɑːn.trækt/
a legal document that states and explains a formal agreement between two different people or groups, or the ...
Examples of annuity contract
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
Second, as already mentioned in the introduction, there is a serious loss of liquidity for the buyer of the annuity contract.
It is intended that a bought-out insurance policy or annuity contract will have to meet five conditions.
Employees who are not in an occupational scheme already have access to a sort of personal pension—the so-called section 226 retirement annuity contract.
An annuity contract may also be structured so that it has only the annuity phase; such a contract is called an immediate annuity.
From
Wikipedia
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By law, an annuity contract can only be issued by an insurance company.
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Before annuitisation, the deferred annuity contract may allow additional purchase premium payments to be added, increasing the contract's value.
From
Wikipedia
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The benefit of the annuity contract is the guaranteed lifetime income that all annuity contracts must have by state law.
From
Wikipedia
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They begin with the observation that renegotiable annuity contracts are not available in general, so that the decision to purchase longevity insurance is largely irreversible.
The joint annuity requirement further reduces potential adverse selection because it means that both spouses, whose expected longevity is not strongly correlated, will be involved in most annuity contracts.
They asked why we have not in this or in other legislation referred specifically to retirement annuity contracts.
It would not offer to those with retirement annuity contracts a choice or an option that is not already there.
Advantage has been taken of existing tax provisions to avoid income tax on the profits on certain life policies and life annuity contracts.
There is no such restriction on retirement annuity contracts under these proposals.
Insurance and annuity contracts can, for example, be used to give effect to an ex-employee's rights in the former employer's occupational pension scheme.
Other types include retirement annuity contracts and certain other types of annuity or insurance policies.
That is an interesting model, which is used in personal pension plans and retirement annuity contracts.
The limits on the amounts which self-employed people may contribute with full tax relief under retirement annuity contracts are reviewed regularly.
It is not possible to provide reliable estimates of the cost of exemption for investment income related to retirement annuity contracts and personal pensions.
Insurance and annuity contracts, for instance, can be used to give effect to a former employee's rights in an employer's occupational pension scheme.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.