temporary life annuity: Meaning and Definition of

tem'porary life' annu"ity

Pronunciation: [key]
— Insurance. Insurance.
  1. an annuity that ceases upon the death of the annuitant or upon the expiration of a period of time, whichever occurs first.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.