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单词 joint-life and last-survivor annuities
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joint-life and last-survivor annuities

joint-life and last-survivor annuities Annuities that involve two people (usually husband and wife). A joint-life annuity begins payment on a specified date and continues until both persons have died. A last-survivor annuity only begins payment on the death of one of the two people and pays until the death of the other. Comparesingle-life pension.

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更新时间:2024/11/15 8:19:15