What are the opposite words for life annuity?
Life annuity is a financial term that refers to a contract between an individual and an insurance company. It guarantees a steady stream of income for the rest of the individual's life. Common antonyms for the term include "lump sum payment," "single payment," or "one-time payment." These antonyms refer to alternative payment options that do not provide a guaranteed regular income for the individual's lifetime. Another antonym could be "pay-as-you-go," referring to a payment plan where the individual receives payment only as long as they live, whereas a lump sum payment is made up front. Overall, the variety of antonyms for life annuity reflect the different options available for receiving payments and managing financial resources.
What are the antonyms for Life annuity?
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