Series 51: Annuity

Taken from our Series 51 - MSRB Municipal Fund Securities Limited Principal Qualification Exam

Definition of the term Annuity...

an investment vehicle used to provide steady income to an individual after retirement, often until death. An annuity is a contract between an individual and an insurance company.

Since you're reading about Series 51: Annuity, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 51
Please Enable Javascript
to view this content!