Welcome to the 1520 Perfect Dictionary
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| Annuity (1) | ||
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| ANNUITY (1) Definition: A fixed amount of money paid to somebody each year, usually for the rest of their life. _____________________________________________________________________ * All five elements should be in. 1. Purposeful and necessary. __________________________________ WHOEVER THE BENEFICIARY. 2. Entitlement is legally due to beneficiary or claimant. __________________________________ See perfect ALLOWANCE (1). | ||
| Below the Line | ||
| 1. Value or worth of annual payment is not eroded or reduced by inflation, hyperinflation, etc. __________________________________ WHATEVER THE AMOUNT. 2. Amount is calculated correctly each year (connect to #2). __________________________________ HOWEVER LONG CLAIMANT LIVES ! Quote: "I advise you to go on living solely to enrage those paying your annuities. It is the only pleasure I have left". - Voltaire. 3. Payment of fixed sum received serves purpose(s), whatever this is/are for beneficiary. _____________________________________ See perfect STANDARD OF LIVING. |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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