annuitize

Английский Язык - Английский Язык

Определение annuitize в Английский Язык Английский Язык словарь

The accumulated value of the annuity is converted into a guaranteed stream of income

To convert the account balance under a deferred annuity contract into a stream of income, either for one or more lifetimes or a specific period of time

The series of payments from the capital that has built up in an annuity The payments may be a fixed amount, or for a fixed period of time, or for the lifetimes of one or two annuitants

To arrange for a gradual payout, for instance monthly, of an investment, such as a pension or annuity contract, over a stated number of years or your life expectancy (or joint life expectancy with you beneficiary), instead of taking it in one single sum

{f} start to receive regular payments from an annuity; change an amount of money into regular payments (also annuitise)

To begin a series of payments from an annuity An amount and payout schedule is selected and accumulated capital is paid to the annuitant or, in some cases, to a beneficiary This term also refers to the settlement of a life insurance policy under the contract's annuity options

To pay income benefits to the annuitant

To change the annuity contract from the accumulation period to the distribution of funds

Converting the value of an annuity contract into a stream of lifetime income payouts

To commence a series of payments from the capital that has accumulated in an annuity The payments may be a fixed amount, for a fixed period of time, or for a lifetime