commercial annuity
Defined in 1 place of the United States Code.
The term “commercial annuity” means an annuity, endowment, or life insurance contract issued by an insurance company licensed to do business under the laws of any State.
Source
- 1994–present26 U.S.C. § 3405Internal Revenue Code · Special rules for pensions, annuities, and certain other deferred income · for purposes of this section