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annuity due

   Also found in: Acronyms 0.01 sec.
Annuity Due
An annuity whose payment is to be made immediately, rather than at the end of the period.

Notes:
An annuity due requires payments to be made at the beginning of the period.

For example, in many lease arrangements, the first payment is due immediately and each successive payment must be made at the beginning of the month.

Annuity due
An annuity with n payments, where the first payment is made at time t = 0, and the last payment is made at time t = n - 1.
annuity due
An annuity in which payments are made at the beginning of each period. Compare ordinary annuity.
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89% 1 + aftertax return ______________________ -1 1 + inflation Amount needed at the time Danielle enters college Present value of an annuity due of $25,533 for 4 years at 1.
Planning for college education by Fleming, Peter D. / Journal of Accountancy
In addition, although new business production has been discontinued at IL Annuity due to product persistency problems, the balance of annuity business in other AmerUs Group companies is profitable and within pricing expectations.
A.M. Best Assigns Rating to AmerUs Group's New Convertible Security; ... by Business Wire
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