Escalating Annuity

Escalating Annuity,

How Do You Define Escalating Annuity?

Option to increase your retirement income on the basis of inflation or to increase it at a fixed rate every year. (Also called index pension or inflation pension.)

Literal Meanings of Escalating Annuity

Escalating:

Meanings of Escalating:
  1. Rapid improvement

Annuity:

Meanings of Annuity:
  1. Usually for a lifetime, someone is paid a certain amount each year.

Sentences of Annuity
  1. You voluntarily leave a 1,000 pension

Synonyms of Annuity

contribution, keep, maintenance, remittance, stipend, consideration, benefit, financial support, subsidy, payment, subsistence, annuity, upkeep, grant, sum of money, pocket money, pension, expenses, handout

Escalating Annuity,

What is The Definition of Escalating Annuity?

A simple definition of Escalating Annuity is: Option to increase your retirement income to annual inflation or fixed interest rates. (Also known as an indexed annual or inflation indexed annual.)

Literal Meanings of Escalating Annuity

Escalating:

Meanings of Escalating:
  1. Grew rapidly.

  2. Fly fast

Sentences of Escalating
  1. Increased health care costs

  2. Ticket prices go up.

Synonyms of Escalating

skyrocket, surge, rise rapidly, be jacked up, rocket, balloon, grow rapidly, mount, climb, shoot up, go through the ceiling, go through the roof, go up, soar, increase rapidly, spiral

Annuity:

Meanings of Annuity:
  1. A certain amount is paid to someone every year, usually for life.

Sentences of Annuity
  1. Excluding a £ 1000 pension of your choice.

Escalating Annuity,

How Do You Define Escalating Annuity?

  1. You can define Escalating Annuity as, Options to increase your retirement income at a fixed rate each year. (Also known as indexed annual or inflation indexed annual.)

Literal Meanings of Escalating Annuity

Escalating:

Meanings of Escalating:
  1. Get up quickly

Annuity:

Meanings of Annuity:
  1. The amount of money paid to someone each year, usually for life.

Sentences of Annuity
  1. You are leaving a £ 1000 pension in your will.