Annuity Due

What Does Annuity Due Mean?
An annuity whose payment is to be made immediately, rather than at the end of the period.

Investopedia explains Annuity Due
An annuity due requires payments to be made at the beginning of the period. For example, in many lease arrangements, the first payment is due immediately and each successive payment must be made at the beginning of the month.

Related Terms

Annuitization Method
Annuity
Future Value Of An Annuity
Immediate Payment Annuity
Lease
Ordinary Annuity
Payout Phase
Present Value Of An Annuity
Registered Retirement Income Fund - RRIF
More Related Terms

Related Links

An Overview Of Annuities - These contracts provide a guaranteed income stream. Learn how they work and their benefits.
Selecting The Payout On Your Annuity - Make sure you understand your options for withdrawing your funds from this complex instrument.
Anything But Ordinary: Calculating The Present And Future Value Of Annuities - Learn to calculate the present and future value of fixed payments required from you or owed to you.
Registered Retirement Savings Plans (RRSP) - Learn how the Canadian government makes saving for your post-work years easy. We take you from your first contribution to your first withdrawal.

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