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Từ vựng:

refund annuity

Giải nghĩa:

/rɪˈfʌnd əˈnuːɪti/ – Phrase


Definition: Trả lại tiền trợ cấp hàng năm.

A more thorough explanation: an annuity (=type of investment where an investor pays an initial principal in return for cash payments each year, usually for a specified period or for the lifetime of the annuitant) that returns funds back to a beneficiary if the annuitant dies before annuity payments are made

Example: When dealing with immediate fixed annuities, the installment refund annuity ensures that a specific dollar amount will be returned.

 

 
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