Annuity In Advance

Of annuity.

An annuity paid in a series of more or less equal payments at the beginning of equally spaced periods; "rent payable in advance constitutes an annuity in advance for the landlord".

This concept's ID is @1~66530

Contains

  • rent 3 facts

    A payment or series of payments made by the lessee to an owner for use of some property, facility,...