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annuity
(redirected from annuitizing)

    Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia, Hutchinson 0.06 sec.
Annuity
A series of fixed payments paid at regular intervals over the specified period of the annuity. The fixed payments are received after a period of investments that are made into the annuity.

Notes:
An annuity is essentially a level stream of cash flows for a fixed period of time. It is most often used as a form of income during retirement.

Annuity
A regular periodic payment made by an insurance company to a policyholder for a specified period of time.
annuity
A stream of equal payments to an individual, such as to a retiree, that occur at predetermined intervals (that is, monthly or annually). The payments may continue for a fixed period or for a contingent period, such as for the recipient's lifetime. Although annuities are most often associated with insurance companies and retirement programs, the payment of interest to a bondholder is also an example of an annuity. See also annuity certain, contingent annuity, deferred annuity, fixed annuity, joint and survivor annuity, refund annuity, straight life annuity, tax-sheltered annuity (TSA), variable annuity.
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? Mentioned in ? References in periodicals archive
 
Annuitizing conservative assets allows them to work harder, "and then you've allowed those other less-conservative investments to grow and to build, hopefully," he said.
Fencing in the risk: medically underwritten immediate annuities are ... by Panko, Ron / Best's Review
For instance, if a company annuitized one-third of a plan's liabilities (by annuitizing its retirees), then one-third of the deferred gain is immediately recognized as income under FAS 88.
Look to Annuities to Salve Pension Fears by Toale, Thomas / Financial Executive
You can avoid this dilemma by annuitizing a private pension, but since annuity-purchasers tend to live longer, insurance companies charge a steep premium for this service.
COUNTDOWN TO REFORM: The Great Social Security Debate by Chait, Jonathan / Washington Monthly
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