| 单词 | fixed annuity |
| 释义 | fixed annuity fixed annuity (also fixed-rate annuity) noun [C]
(Finance ) in the US, a type of investment that you can buy from an insurance company with one large payment or over a period of time, which pays an income of at least a particular amount: With a fixed annuity, the insurance company guarantees both the principal and the rate of interest. Your risk with a fixed annuity is lower but the payout may be less. |
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