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How are emblems and illustrators similar?
Deferred annuity
A financial instrument that defers payments to the investor until a predetermined time.
Ordinary annuity
A series of equal payments made at the end of consecutive periods over a specified length of time.
Deferred annuity
An insurance product that provides future payments to the holder, typically starting at retirement, in exchange for current premiums or a lump sum payment.
Ordinary annuity
A regular annuity involves uniform payments disbursed at the end of each period within a set timeframe.
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