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Business Definition for: annuity due
Dictionary of Accounting Terms
annuity due
See also annuity
Dictionary of Business Terms
annuity due
See also ordinaryannuity
Dictionary of Insurance Terms
annuity due

annuity under which payments are made in the beginning of each period (month, quarter, or year).

Dictionary of Real Estate Terms
annuity due

same as ordinary annuity .

Related Terms:
annuity

series of equal periodic payments or receipts. Examples of an annuity are semiannual interest receipts from a bond investment and cash dividends from a preferred stock. There are two types of an annuity: (1) Ordinary annuity, where payments or receipts occur at the end of the period; (2) Annuity due, where payments or receipts are made at the beginning of the period.

ordinaryannuity

series of equal or nearly equal payments, each payment occurring at the end of each equally spaced period.

Referring Terms:
annuity forms
annuity
life annuity due
straight life annuity
whole life annuity
whole life annuity due
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 Copyright © 2007, 2000, 1997, 1987, by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
 Copyright © 2000, 1995, 1991, 1987 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
 Copyright © 2004, 2000, 1997, 1993, 1987, 1984 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
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