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