deferred annuity

16 LETTERS · STARTS WITH D

deferred annuity is a valid 16-letter word worth 23 points in Scrabble and 25 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS

D2E1F4E1R1R1E1D2A1N1N1U1I1T1Y4

2 + 1 + 4 + 1 + 1 + 1 + 1 + 2 + 0 + 1 + 1 + 1 + 1 + 1 + 1 + 4 =23 PTS

DOUBLE WORD → 46TRIPLE WORD → 69

MEANING

What does deferred annuity mean?