In page navigation
The present value of a series of payments of unit value per period that are payable for a specified period of time. The inverse is the annuity factor, which converts the lump sum into a payment per period. Common usage often mentions annuity rate when, in fact, referring to the annuity factor. See also annuity.
Reference: Oxford Press Dictonary of Economics, 5th edt.
Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >