May, 2017

May 17, 2017
The concept of an annuity, a promise by one party to make a series of payments of a specific value to another for a given period of time, or until a certain event occurs (such as the death of the person receiving the payments), has been around since at least the Roman Empire. The history is too long and varied to address here, but for a financial concept that has been around for so long, the... More