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Definition of Reversionary annuity
1. Noun. An annuity payable to one person in the event that someone else is unable to receive it.
Lexicographical Neighbors of Reversionary Annuity
Literary usage of Reversionary annuity
Below you will find example usage of this term as found in modern and/or classical literature:
1. The Doctrine of Life-annuities and Assurances: Analytically Investigated by Francis Baily (1864)
"On a single life A after another life P: in which case the value of the reversionary
annuity is equal to ax — axp. 2. On a single life A after the longest ..."
2. Actuarial Theory: Notes for Students on the Subject-matter Required in the by William Alexander Robertson, Frederick Alexander Ross (1907)
"The temporary reversionary annuity [ny\x \nx \n xy1 where (.r)'s chance of
receiving payments is confined to the first n years, must not be confused with ..."
3. Journal of the Institute of Actuaries and Assurance Magazine by Institute of Actuaries (Great Britain) (1876)
"On the Value of a reversionary annuity payable oftener than Once a Year. ...
The expression for the general term of the ordinary reversionary annuity is ..."
4. The Law Relating to the Duties on Probates and Letters of Administration in by Thomas Gwynne (1841)
"A reversionary annuity, OR ANNUITY TO COMMENCE ON THE EXPIRATION OF A LIFE ...
2, and the remainder will be the present value of the reversionary annuity. ..."
5. Reports of Cases Decided in the High Court of Chancery: In 1852 [-1859 by Great Britain Court of Chancery, Richard Torin Kindersley (1857)
"Mr. French died in January, 1854, without having disposed of the reversionary
annuity in favour of his wife; and she received it since his death. ..."
6. Reports of Cases Decided in the High Court of Chancery: In 1852 [-1859 by Great Britain Court of Chancery, Richard Torin Kindersley (1857)
"Mr. French died in January, 1854, without having disposed of the reversionary
annuity in favour of his wife; and she received it since his death. ..."
7. Transactions of the Faculty of Actuaries by Faculty of Actuaries in Scotland (1904)
"Five of the questions related to the contingent reversionary charge or reversionary
annuity required for a present payment. The problems are discussed on ..."
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