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