annuity in advance meaning

UK US /əˈnuəti ɪn ədˈvæns/ 7 syllables

annuity in advance (noun): an annuity paid in a series of more or less equal payments at the beginning of equally spaced periods.

Definition of annuity in advance

  1. an annuity paid in a series of more or less equal payments at the beginning of equally spaced periods
    • rent payable in advance constitutes an annuity in advance for the landlord

    Type of: annuity

    Kinds: rent

How to pronounce annuity in advance

annuity in advance is pronounced /əˈnuəti ɪn ədˈvæns/ in American English. It has 7 syllables.

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