Technical Analysis Glossary Single life annuity covering

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Technical Analysis Glossary: Single life annuity

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Term:

Single life annuity

Definition:

An annuity covering one person. A straight life annuity provides payments until death, while a life annuity with a guaranteed period provides payments until death or continues payments to a beneficiary for a guaranteed term, such as ten years.

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02/09/2012 - SV1n