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Friday, September 24, 2010

Glossary of Real Estate Terms: word of the day ANNUITY

Categories:Glossary Of Real Estate Terms,Real_Estate
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ANNUITY

An amount paid yearly or at other regular intervals, often at a guaranteed minimum amount. Also, a type of insurance policy in which the policy holder makes payments for a fixed period or until a stated age, and then received annuity payments form the insurance company.

 

The enclosed information while deemed to be correct is not guaranteed.

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