TERMIUM Plus®

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DECLINING ANNUITY [1 record]

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Alphabetical list of terms

Record 1 1998-05-13

English

Subject field(s)
  • Annuities (Insurance)
DEF

A series of periodic (yearly) payments or benefits, the installments of which progressively and systematically decrease. Specifically, in appraising, it refers to a forecast of an annually declining Net Operating Income over the income projection period, implying a systematic decline in gross income, an increase in operating expenses, or a combination of both.

French

Domaine(s)
  • Rentes (Assurances)
OBS

prime décroissante.

Spanish

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