Insurance

Fixed annuity

An annuity is a financial instrument in which the annuitant receives a fixed payment every month for a specified period of time. This payment is guaranteed by the insurance company and is based on the expected return of their investments. Annuities are often used as a form of retirement income, providing a steady stream of payments for individuals. However, it's important to carefully consider the terms and conditions of an annuity before making any decisions.

Related terms

Occupational disease

Understand the meaning and definition of Occupational disease in the context of stock market, trading, and investments.

MORE
Shortage

Understand the meaning and definition of Shortage in the context of stock market, trading, and investments.

MORE
Loss exposure checklist

Understand the meaning and definition of Loss exposure checklist in the context of stock market, trading, and investments.

MORE
Catastrophe

Understand the meaning and definition of Catastrophe in the context of stock market, trading, and investments.

MORE
Catastrophe model

Understand the meaning and definition of Catastrophe model in the context of stock market, trading, and investments.

MORE
Bonus

Understand the meaning and definition of Bonus in the context of stock market, trading, and investments.

MORE
Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers