Dictionary of Business Terms: annuity in advance
annuity in advance
series of equal or nearly equal payments, each payable at the beginning of the period. For example, a landlord leases property for five years. The rent, payable at the beginning of each period, constitutes an annuity in advance.
Dictionary of Real Estate Terms: annuity in advance
annuity in advance
a series of equal or nearly equal payments, each payable at the beginning of the period.
