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Glossary   >   F   >   "Fixed annuity" Definition            Fixed annuity In the US, an annuity which guarantees payments to an annuitant which are fixed for life or a specific period. Similar to a level annuity in the UK. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Fixed annuity - In the US, an annuity which guarantees payments to an annuitant which are fixed for life or a specific period. Similar to a level annuity in the UK.