curtate annuity

curtate annuity
curtate annuity
One payable only at the end of each year survived
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Main Entry:annuity

Useful english dictionary. 2012.

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  • curtate — ˈkərˌtāt adjective Etymology: Latin curtatus, past participle of curtare to shorten, from curtus shortened more at shear : comparatively short or shortened curtate expectation of life specifically of an annuity : payable to the end of each… …   Useful english dictionary

  • Actuarial notation — 1. net single premium of insurance (benefit 1 unit) 2. paid at the moment of death 3. for x year old person, for n years 4. life insurance 5. deferred (m year) 6. with double force of interestActuarial notation is a shorthand method to allow… …   Wikipedia

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