FIXED SUM PAID EVERY YEAR Crossword Clue
FIXED SUM PAID EVERY YEAR Crossword Clue
We know 1 solutions for: FIXED SUM PAID EVERY YEAR
Crossword Puzzle Infos
The term 'FIXED SUM PAID EVERY YEAR' is referring to an ANNUITY, which is a financial product that provides a steady stream of payments over a period of time. An ANNUITY is typically purchased with a lump sum payment and then the ANNUITY pays out a fixed amount each year for the duration of the contract. Annuities are often used as retirement income vehicles, providing a reliable source of income for retirees.