HyperDic

English > 1 sense of the expression ordinary annuity:
NOUNpossessionordinary annuityan annuity paid in a series of more or less equal payments at the end of equally spaced periods
English > ordinary annuity: 1 sense > noun 1, possession
MeaningAn annuity paid in a series of more or less equal payments at the end of equally spaced periods.
Broaderannuity, renteincome from capital investment paid in a series of regular payments