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单词 variable annuity
释义

variable annuity in American English

noun
an annuity in which the premiums are invested chiefly in common stocks or other securities, the annuitant receiving payments based on the yield of the investments instead of in fixed amounts

Examples of 'variable annuity' in a sentence
variable annuity

A variable annuity is effectively a unit-linked trust.Efficient hedging of its variable annuity exposure last year left it well protected when the market crashed.Pensioners will then typically switch from the variable annuity to a conventional one later in life.The popularity of variable annuities is soaring as workers shun the dismal rates offered by conventional plans.Some insurers have been accused of paying excessive commission to encourage consultants to push variable annuities to clients.However, variable annuities can earn them 0.5% a year as well as up to 6% upfront.
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更新时间:2025/1/24 15:02:21