Annuity in Advance
Barron's Business Dictionary:
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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.
See also ordinary annuity.
See also ordinary annuity.
| Annuity Factor, Annuity, Annuitize | |
| Answer, Anticipated Holding Period, Anticipatory Breach |
Barron's Real Estate Dictionary:
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Annuity in Advance
A series of equal or nearly equal payments, each payable at the beginning of the period.
Example: A landlord leases property for 5 years. The rent, payable at the beginning of each period, constitutes an annuity in advance (Figure 15).
FIG. 15. ANNUITY IN ADVANCE
Example: A landlord leases property for 5 years. The rent, payable at the beginning of each period, constitutes an annuity in advance (Figure 15).
FIG. 15. ANNUITY IN ADVANCE
| Annuity Factor, Annuity | |
| Anticipation, Principle Of, Antitrust Laws |
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Barron's Business Dictionary
Dictionary of Business Terms. Copyright © 2007 by Barron's Educational Series, Inc. All rights reserved.
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