What does ordinary annuity mean?
Definitions for ordinary annuity
or·di·na·ry an·nu·ity
This dictionary definitions page includes all the possible meanings, example usage and translations of the word ordinary annuity.
Princeton's WordNet
ordinary annuitynoun
an annuity paid in a series of more or less equal payments at the end of equally spaced periods
ChatGPT
ordinary annuity
An ordinary annuity is a sequence of equal periodic payments made at the end of each period over a specified amount of time. The period can be monthly, quarterly, semi-annually, annually, etc. These payments are often used in investment and retirement plans. Interest is accrued at the end of each period, the key highlight of an ordinary annuity.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of ordinary annuity in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of ordinary annuity in Pythagorean Numerology is: 1
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"ordinary annuity." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/ordinary+annuity>.
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