N an annuity that commences not less than one year after the final purchase premium 延期年金; 在最后一次购买年金保险后一年之内开始支付的年金 → compare immediate annuity
Deferred annuity an annuity contract that delays payments of income, installments, or a lump sum until the investor elects to receive them.
递延年金延迟支付收入、分期付款或整笔付款，直至投资者选择收取的年金合约。
An annuity can either be immediate or deferred: with a deferred annuity, you will not begin receiving payments for a certain period of time.
延缓年金就是说投资者要在一定时间后才开始获得收益。
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