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Terminable annuity
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Terminable annuity
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English → English
(gcide)
Definition: Terminable annuity
Terminable
\Ter"mi*na*ble\
(-m[i^]n*[.a]*b'l), a. [See
Terminate
.] Capable of being terminated or bounded; limitable. --
Ter"mi*na*ble*ness
, n. [1913 Webster]
Terminable annuity
, an annuity for a stated, definite number of years; -- distinguished from
life annuity
, and
perpetual annuity
. [1913 Webster]
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