Definition of Annuitant:
The individual(s) who pay the annuity premium.
One or more individuals who receive periodic payments from an annuity contract as its beneficiaries.
A person who receives an annuity.
How to use Annuitant in a sentence?
- The dramatic difference in rates charged means that Strategic Capital pays annuitants thousands of dollars more cash now for their structured settlement payments.
Meaning of Annuitant & Annuitant Definition