Deferred life annuities
Defined in 1 dictionary — Black's (1910)
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
In English law. Annuities for the life of the purchaser, but not commencing until a date subsequent to the date of buying them, so that, if the purchaser die before that date, the purchase money is lost. Granted by the commissioners for reduction of the national debt. See 16 & 17 Viet, c. 45, § 2. Wharton.
Defined under Deferred in Black's Law Dictionary.