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Từ vựng:

terminable annuity

Giải nghĩa:

/tɜːrmɪnəbl əˈnjuːɪti/ – Phrase


Definition: niên kim có kỳ hạn.

A more thorough explanation: A terminable annuity is a financial product that provides a series of payments for a specified period of time or until a specific event occurs, such as the death of the annuitant. The annuity payments cease at the end of the predetermined period or upon the occurrence of the specified event.

Example: The terminable annuity agreement stipulates that the payments will cease upon the death of the annuitant.

 

 
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