Single life annuity
An annuity covering one person. A straight life annuity provides payments until death, while a life annuity with a guaranteed period provides payments until death or continues payments to a beneficiary for a guaranteed term, such as ten years.
Nearby TermsSingapore International Monetary Exchange (SIMEX) Single European Act Single life annuity Single option Single-buyer policy
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University