<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/RGEvRqPhTjbwhcFWfzJd89">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/RCSx31xBISrYHFCYIgupzdB"/>
  <rdfs:label>Annuity</rdfs:label>
  <skos:altLabel>Investment Annuity</skos:altLabel>
  <skos:altLabel>Periodic Payment Plan</skos:altLabel>
  <skos:altLabel>Regular Disbursement Plan</skos:altLabel>
  <skos:prefLabel>Regular Payment Plan</skos:prefLabel>
  <skos: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.</skos:definition>
</owl:Class>
