Group Annuity

Business, Legal & Accounting Glossary

Definition: Group Annuity


Group Annuity


Full Definition of Group Annuity


An annuity that funds a retirement plan for a group. The annuity contract is written on a group basis. The group itself is usually made up of employees of the same employer.


Cite Term


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Page URL
https://payrollheaven.com/define/group-annuity/
Modern Language Association (MLA):
Group Annuity. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 01, 2022 https://payrollheaven.com/define/group-annuity/.
Chicago Manual of Style (CMS):
Group Annuity. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/group-annuity/ (accessed: December 01, 2022).
American Psychological Association (APA):
Group Annuity. PayrollHeaven.com. Retrieved December 01, 2022
, from PayrollHeaven.com website: https://payrollheaven.com/define/group-annuity/

Definition Sources


Definitions for Group Annuity are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.