FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/RGEvRqPhTjbwhcFWfzJd89
Label Annuity
Preferred Label Regular Payment Plan
Identifier N/A
Alternative Labels
Investment Annuity Periodic Payment Plan Regular Disbursement Plan

Definition

An annuity is a financial product or arrangement that provides a series of payments made at equal intervals over a specified period. Annuities are commonly used for retirement income, insurance, and investment purposes, and can be structured as fixed, variable, immediate, or deferred, depending on the timing and variability of payments.

Class Relationships

Is Defined By

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See Also

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Parent Class Of 0

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Class Hierarchy Visualization

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Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Deprecated

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Source and Origin

No source or origin information available