annuity contract
collocation in Englishmeaningsofannuityandcontract
These words are often used together. Click on the links below to explore the meanings. Or,see other collocations withcontract.
annuity
noun[C]
uk/əˈnjuː.ə.ti/us/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 ...
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contract
noun[C]
uk/ˈkɒn.trækt/us/ˈkɑːn.trækt/
a legal document that states and explains a formal agreement between two different people or groups, or the ...
See more atcontract
(Definition ofannuityandcontractfrom theCambridge English Dictionary© Cambridge University Press)
Examplesofannuity 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 theannuitycontract.
From theCambridge English Corpus
It is intended that a bought-out insurance policy orannuitycontractwill have to meet five conditions.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Employees who are not in an occupational scheme already have access to a sort of personal pension—the so-called section 226 retirementannuitycontract.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Anannuitycontractmay also be structured so that it has only the annuity phase; such a contract is called an immediate annuity.
From This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
By law, anannuitycontractcan only be issued by an insurance company.
From This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
Before annuitisation, the deferredannuitycontractmay allow additional purchase premium payments to be added, increasing the contract's value.
From This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
The benefit of theannuitycontractis the guaranteed lifetime income that all annuity contracts must have by state law.
From This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
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.
From theCambridge English Corpus
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.
From theCambridge English Corpus
They asked why we have not in this or in other legislation referred specifically to retirement annuity contracts.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
It would not offer to those with retirement annuity contracts a choice or an option that is not already there.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Advantage has been taken of existing tax provisions to avoid income tax on the profits on certain life policies and life annuity contracts.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
There is no such restriction on retirement annuity contracts under these proposals.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
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.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Other types include retirement annuity contracts and certain other types of annuity or insurance policies.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
That is an interesting model, which is used in personal pension plans and retirement annuity contracts.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
The limits on the amounts which self-employed people may contribute with full tax relief under retirement annuity contracts are reviewed regularly.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
It is not possible to provide reliable estimates of the cost of exemption for investment income related to retirement annuity contracts and personal pensions.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
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.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
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.
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