(n.) A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.
Example Sentences:
(1) The ABI figures revealed that the best annuity for someone who is a heavy smoker and has severely impaired health was at Prudential, which paid out 46% more than the worst, from Friends Life.
(2) Annuities have suffered their worst year on record, with payouts to newly retiring pensioners falling by 15% so far during 2016, according to data provider Moneyfacts.
(3) Only last month the Financial Conduct Authority issued a report in which it said millions of older people were getting a poor deal from Britain's multibillion-pound annuity market, with the biggest losers those with the least money put aside for their retirement.
(4) However, to buy an annual pension income of £1,300 via a traditional annuity that also provided an income for your spouse after you die, you would need a pension pot of roughly £25,000.
(5) Annuity rates so low that a pension pot running into the seven figures is required to deliver any kind of decent pension.
(6) People who prefer to buy an annuity could opt for a "value protected annuity": in return for an extra cost, typically 5% of the income, the policyholder can arrange for any residual money left over when they die to be paid to their beneficiaries.
(7) He adds: "The problem with the chancellor's decision is very simple: all the evidence indicates very few people will opt to buy an annuity under the new rules – and the assumption of 30% taking this route deployed by the Treasury in its costings appears highly optimistic.
(8) The insurers pay an annuity (a guaranteed annual income in retirement) of £839 a year on a savings pot of £18,000, compared to £1,099 at the best payer, Reliance Mutual.
(9) On average, women take out annuities at the age of 59, marginally earlier than men at 62, but both do so significantly sooner than they have to by law.
(10) If the recession results in interest rates remaining low for years, as many in the City are now predicting, then annuity rates will also remain at paltry levels.
(11) Figures from pensions provider Hargreaves Lansdown show annuity rates have plummeted since July 2008.
(12) Table Photograph: asdf In recent years annuity providers have begun offering better payouts to those people they think will die relatively early.
(13) The group sold its US life and annuity business last year for £1.7bn , as well as many other smaller overseas operations, to strengthen its balance sheet.
(14) The Association of British Insurers is believed to be on the verge of approving a new mandatory code of conduct for pension companies that sell pension income – also known as annuities – ensuring people will get the highest possible income in return for their pension pot.
(15) "Annuities may well be broken, but the answer is not to end responsible collective risk-sharing.
(16) By forcing long-term interest rates down and inflation up, QE1 has already increased pension fund liabilities by an estimated £74bn , while driving annuity costs to record levels.
(17) The chancellor said: “For many an annuity is the right product, but for some it makes sense to access their annuity now.
(18) Do not simply accept the annuity offered by your pension provider – shop around for the highest rate possible.
(19) The thinktank also suggests removing the option of taking out 25% of your pension fund as a tax free lump; instead investors would get a 5% top up to their pension pot just before they use the money to buy an annuity.
(20) It will also end the rules requiring compulsory annuitisation (having to buy an annuity with your pension) at 75.
Installment
Definition:
(n.) The act of installing; installation.
(n.) The seat in which one is placed.
(n.) A portion of a debt, or sum of money, which is divided into portions that are made payable at different times. Payment by installment is payment by parts at different times, the amounts and times being often definitely stipulated.
Example Sentences:
(1) M NET is currently installed in referring physician office sites across the state, with additional physician sites identified and program enhancements under development.
(2) Ultrasound diagnosis could be aided by transabdominal amnio-infusion and, if necessary, fetal intraperitoneal saline installation.
(3) Once installed, the alliance will become an awkward, obstructionist presence, committed, in the words of the Northern League's Matteo Salvini, to "a different Europe, based on work and peoples and not in the one based on servitude to the euro and banks, ready to let us die from immigration and unemployment".
(4) Long-term: The defeat of Isis is a political shaping exercise – you find moderate Sunni leaders, empower and install them in Syria and Iraq.
(5) Photograph: Geektime The same developer’s Red Bouncing Ball Spikes game has also been doing well on the App Store, although as yet Flying Cyrus fever hasn’t spread to Android – the game has been installed less than 5,000 times according to its Google Play store page.
(6) Matthew Fuller, 25, Rueben Barnes, 16, and Mitchell Sweeney, 22, died from electrocution and Marcus Wilson, 19, died after installing insulation batts in extreme heat.
(7) Already in 2014, Proofpoint found a 650% increase in social media spam compared to 2013, and 99% of malicious URLs in inappropriate content led to malware installation or credential phishing sites,” explains the company.
(8) Sixty-three per cent of the implants were operated in immediately after tooth extraction, whereas the rest were installed in a healed bony alveolar ridge.
(9) KR: She was truly in a conundrum because without the app, she felt too worthless to try and fix it by installing an update.
(10) By installation of a warm water rotating pump type USp 20-KMR and the forming of a by-pass in the recirculation we could produce the underpressure necessary for the capillary dialysis.
(11) In comparing the risks and benefits of the two methods we have concluded that the application of a high electric field offers less risks to people in the working area than the installation of a radioactive source.
(12) There is good evidence in favor of the use of oxygen savers in patients with portable oxygen, but not for their use in conjunction with fixed oxygen installations in the home.
(13) The impulse installment of chemoluminescence increased during the time of storage of the ejaculate.
(14) In a complex so large that travelator conveyor belts were installed to ferry visitors between the exhibition halls, the multitude of new gadgets on display can be bewildering.
(15) The care home provider is considering whether to install visible CCTV cameras in all of its care and nursing homes, she added.
(16) The killings set the stage for the departure of former president Viktor Yanukovych, the installation of the new government, the Russian incursion in Crimea and Ukraine's current crisis.
(17) By taking into account the expected price movements, it is predicted that a hospital wide PACS may allow enough savings to pay itself back, when installed near the turn of the century.
(18) But data privacy regulations stop the police from installing cameras in public spaces that transmit images in real time.
(19) We installed electromagnetic flow transducers and pressure tubes under anesthesia to monitor right coronary blood flow, cardiac output, central aortic blood pressure, and right ventribular pressure.
(20) On 12 September 1980, the head of the military, Kenan Evren, sent tanks rolling through the streets of the Turkish capital and installed a ruthless military government.