Annuity (rent; annuity; old-age pension)

Auch in: DE

Generally, a regular payment in money. – Income from assets. – The income from an investment. – Current payments to persons who have retired from working life; in particular – benefit payments in retirement from the statutory social security systems as well as persons who are not able to work at all or only to a limited extent due to accident or illness. – In economics – the periodic payment made by a tenant to a landlord in return for the use of land, or – the surplus between the yield from a piece of cultivated land or real estate and the cost of production (the leftover of the produce or return yielded by a given piece of cultivated land over the cost of production; the yield from a piece of land or real estate), also called land rent. – In political science, a non-performing income obtained by exploiting the state, especially by means of direct state transfers, but also by forcibly setting back competitors in the market. – See equalization levy, civil service associations, inheritance money, perpetuity money, pension funds, profitability, wittum.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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Zitieren

Merk, G. (Hrsg.): „Annuity (rent; annuity; old-age pension)“. In: Finanz- und Wirtschaftslexikon. https://www.gerhardmerk.de/annuity-rent-annuity-old-age-pension/ (Stand: 25.07.2023).

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