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Jargon Buster



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ANNUITY

A contract you buy from an insurance company, using a lump sum of money such as the proceeds of your pension fund, to guarantee you an annual income for life or for a period of time [e.g. ten years].

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1 Day: The @Conservatives & @duponline have just agreed a deal, two weeks after ...

5 Days: RT @WSJ: Eurozone economy slows, but remains in rude health https://t.co/REv7...

5 Days: RT @EmmaNapier: Absolutely fantastic achievement - it was a great night! http...

20 Days: RT @SquareMileICR: The peak of Ben Nevis. Now on the road to the next peak @C...