English version

annuitant

From Longman Business Dictionary
Related topics: Insurance
annuitantan‧nu‧i‧tant /əˈnjuːətəntəˈnuː-/ noun [countable] INSURANCE someone who has an annuity and receives a sum of money from it, usually monthly or yearlyMoney purchase schemes are likely to lose value through inflation if the annuitant lives a long time.
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