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

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Group Annuity. Payroll & Accounting Heaven Ltd.
September 26, 2023
Chicago Manual of Style (CMS):
Group Annuity. Payroll & Accounting Heaven Ltd. (accessed: September 26, 2023).
American Psychological Association (APA):
Group Annuity. Retrieved September 26, 2023
, from website:

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.