What is the definition of Annuity unit? | Dictionary.net

ANNUITY UNIT

\ɐnjˈuːɪti jˈuːnɪt], \ɐnjˈuːɪti jˈuːnɪt], \ɐ_n_j_ˈuː_ɪ_t_i j_ˈuː_n_ɪ_t]\

Definitions of ANNUITY UNIT

1910 - Black's Law Dictionary (2nd edition)

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When a party starts making payments from a retirement fund but keeps contributing to it at the same time. A withdrawl is the only transaction registered.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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