What is another word for temporary annuity?

Pronunciation: [tˈɛmpɹəɹˌɪ ɐnjˈuːɪti] (IPA)

A temporary annuity refers to a financial arrangement where a fixed sum of money is paid to an individual for a limited period. Synonyms for this term include short-term pension, limited-time income, and temporary pension plan. A short-term pension provides a specific amount to recipients for a defined duration. Similarly, a limited-time income scheme ensures individuals receive a fixed sum for a temporary period. Lastly, a temporary pension plan denotes a financial package that guarantees a definite amount of money to be given to a person for a specific timeframe. These alternative expressions embody the notion of a brief and limited financial arrangement, providing individuals with financial security temporarily.

What are the opposite words for temporary annuity?

The antonyms for the word "temporary annuity" are permanent, perpetual, and continuous annuity. While a temporary annuity is a fixed sum of money paid out for a predetermined period, a permanent annuity, on the other hand, provides a fixed income for life. A perpetual annuity is a stream of payments that continue indefinitely, without the need for any predetermined time frame. Lastly, a continuous annuity is a never-ending stream of payments, which is typically associated with long-term investments, such as pension plans. These antonyms make clear that the duration of annuity payments can greatly vary depending on the type of annuity.

What are the antonyms for Temporary annuity?

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