Reversionary annuity
volume
British pronunciation/ɹɪvˈɜːʃənəɹi ɐnjˈuːɪti/
American pronunciation/ɹɪvˈɜːʒənˌɛɹi ɐnjˈuːɪɾi/

Definition & Meaning of "reversionary annuity"

Reversionary annuity
01

an annuity payable to one person in the event that someone else is unable to receive it

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reversionary annuity

reversionary annuity

Noun
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