immediate annuity

noun

An annuity that begins less than a year after its purchase.

“Coordinate term: deferred annuity”

Meanings

nounimmediate annuity (plural immediate annuities)

plural immediate annuities

  1. businessAn annuity that begins less than a year after its purchase.

    Coordinate term: deferred annuity

Cite this entry
APA

immediate annuity. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/immediate%20annuity

MLA

“immediate annuity.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/immediate%20annuity. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “immediate annuity,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/immediate%20annuity.

Source: immediate annuity on Wiktionary, CC BY-SA 4.0.