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An annuity is a financial contract which provides an income stream in return for an initial payment with specific parameters. It is the opposite of a settlement funding. A Swiss Annuity is not considered a European annuity for tax reasons. ==Immediate annuity== An immediate annuity is an annuity for which the time between the contract date and the date of the first payment is not longer than the time interval between payments. A common use for an immediate annuity is to provide a pension to a retired person or persons. It is a financial contract which makes a series of payments with certain characteristics: * either level or fluctuating periodical payments * made annually, or at more frequent intervals * in advance or arrears * duration may be: * *fixed (annuity certain) * *during the lifetime or one or more persons, possibly reduced after death of one person * *during the lifetime but not longer than a maximum number of years * *during the lifetime but not shorter than a minimum number of years 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Annuity (European)」の詳細全文を読む スポンサード リンク
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