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What is another word for annuity certain?

Pronunciation: [ɐnjˈuːɪti sˈɜːtən] (IPA)

An annuity certain is a financial product that guarantees a fixed income for a specific period of time. It is essentially an investment agreement where an individual deposits a lump sum or makes regular contributions and receives regular payments back over a predetermined duration. While commonly known as an annuity certain, there are several alternative terms that can refer to this type of annuity. They include fixed-term annuity, fixed-period annuity, guaranteed annuity, and time-certain annuity. These synonyms all emphasize the characteristic of the annuity: a specified length of time during which the annuitant receives a consistent income stream. An annuity certain provides financial security and stability, especially during retirement, ensuring a predictable flow of funds for a predetermined span.
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What are the opposite words for annuity certain?

Annuity certain is a term used in finance to refer to a type of annuity that guarantees a fixed income for a specified period, regardless of the beneficiary's life expectancy. The concept of annuity certain is based on the principle of longevity risk management, which provides a secure income for a predetermined period. Antonyms for annuity certain would be any financial instrument or investment that does not provide a guaranteed income for a specific period. Examples of antonyms are market-linked investments, stocks, mutual funds, and bonds that may provide higher returns but with a more significant risk level. Investing in these instruments carries the risk of loss of principal, and income distributions are uncertain.

What are the antonyms for Annuity certain?

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