Terminable annuity

Terminable annuity
Terminable Ter"mi*na*ble (-m[i^]n*[.a]*b'l), a. [See {Terminate}.] Capable of being terminated or bounded; limitable. -- {Ter"mi*na*ble*ness}, n. [1913 Webster]

{Terminable annuity}, an annuity for a stated, definite number of years; -- distinguished from {life annuity}, and {perpetual annuity}. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

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Look at other dictionaries:

  • terminable annuity — See certain annuity …   Big dictionary of business and management

  • Terminable — Ter mi*na*ble ( m[i^]n*[.a]*b l), a. [See {Terminate}.] Capable of being terminated or bounded; limitable. {Ter mi*na*ble*ness}, n. [1913 Webster] {Terminable annuity}, an annuity for a stated, definite number of years; distinguished from {life… …   The Collaborative International Dictionary of English

  • Annuity (European financial arrangements) — An annuity can be defined as a contract which provides an income stream in return for an initial payment.Immediate annuityAn immediate annuity is an annuity for which the income stream begins at a time after the initial payment which is less than …   Wikipedia

  • terminable — adj. 1 that may be terminated. 2 coming to an end after a certain time (terminable annuity). Derivatives: terminableness n …   Useful english dictionary

  • annuity — In the older sense of the term, a yearly payment of a certain sum of money granted to another in fee, for life, or for years. In the modern sense, a right, bequeathed, donated, or purchased, to receive fixed or certain periodical payments,… …   Ballentine's law dictionary

  • certain annuity — terminable annuity A form of investment contract that pays fixed sums at scheduled intervals to an individual after he or she attains a specified age; it runs for a specified number of years …   Big dictionary of business and management

  • terminable — terminability, terminableness, n. terminably, adv. /terr meuh neuh beuhl/, adj. 1. capable of being terminated. 2. (of an annuity) coming to an end after a certain term. [1375 1425; late ME, equiv. to termin(en) to end ( < L terminare) + ABLE] *… …   Universalium

  • terminable — ter•mi•na•ble [[t]ˈtɜr mə nə bəl[/t]] adj. 1) capable of being terminated 2) bus (of an annuity) coming to an end after a certain term • Etymology: 1375–1425; late ME, =termin(en) to end (< L termināre) + able ter mi•na•bil′i•ty,… …   From formal English to slang

  • terminable — /ˈtɜmənəbəl/ (say termuhnuhbuhl) adjective 1. that may be terminated. 2. (of an annuity) coming to an end after a certain term. {Middle English termynable, from termine determine + able} –terminability /tɜmənəˈbɪləti/ (say termuhnuh biluhtee),… …  

  • terminable property — Name sometimes given to property of such a nature that its duration is not perpetual or indefinite, but is limited or liable to terminate upon the happening of an event or the expiration of a fixed term; e.g., a leasehold, a life annuity, etc …   Black's law dictionary

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