NOUN | possession | annuity in advance | an annuity paid in a series of more or less equal payments at the beginning of equally spaced periods |
---|
Meaning | An annuity paid in a series of more or less equal payments at the beginning of equally spaced periods. | |
---|---|---|
Example | "rent payable in advance constitutes an annuity in advance for the landlord" | |
Narrower | rent | A payment or series of payments made by the lessee to an owner for use of some property, facility, equipment, or service |
Broader | annuity, rente | income from capital investment paid in a series of regular payments |
©2001-24 · HyperDic hyper-dictionary · Contact