compulsory purchase annuity

listen to the pronunciation of compulsory purchase annuity
Englisch - Englisch
Some approved occupational pension schemes produce a benefit at retirement that is expressed in cash terms rather than pension The cash sum produced must then be used to purchase an annuity known as a 'Compulsory Purchase Annuity' (but see Commutation)
compulsory purchase annuity

    Silbentrennung

    com·pul·so·ry pur·chase an·nu·i·ty

    Türkische aussprache

    kımpʌlsıri pırçıs ınyuîti

    Aussprache

    /kəmˈpəlsərē ˈpərʧəs ənˈyo͞oətē/ /kəmˈpʌlsɜriː ˈpɜrʧəs ənˈjuːɪtiː/
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