What is another word for contingent annuity?

Pronunciation: [kəntˈɪnd͡ʒənt ɐnjˈuːɪti] (IPA)

A contingent annuity, sometimes known as a variable annuity, is a financial product that provides periodic income payments. However, if certain circumstances occur or specific conditions are met, the payments may change. This type of annuity offers flexibility and is directly linked to the performance of underlying investments. Synonyms for contingent annuity include adjustable annuity, flexible annuity, and variable payment annuity. These terms reflect the characteristic nature of this financial instrument, where the payout amounts are subject to variations based on market conditions or other specified factors. With a contingent annuity, investors can potentially benefit from both market growth and protection against potential losses, making it a popular choice for those seeking to balance risk and potential reward.

What are the opposite words for contingent annuity?

Antonyms for the term "contingent annuity" might include predictable income, stable pension, fixed allowance, definite annuity, and certain payment. Unlike a contingent annuity, which is dependent on uncertain future events, these antonyms suggest a more reliable or secure source of income. A predictable income stream may be supported by a stable economy, reliable investments, or a guaranteed income from a pension plan, while a fixed or definite annuity is based on certain predetermined factors. For individuals seeking financial stability, these alternative terms may hold more appeal than the contingent annuity. However, it is important to note that each type of income stream comes with its own set of benefits and drawbacks.

What are the antonyms for Contingent annuity?

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