# Annuity (rent; annuity; old-age pension)

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- Post ID: 594558
- Modified: 2023-07-25T20:48:16+00:00
- Language: en

## Definition

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. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

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