immediate annuity

17 LETTERS · STARTS WITH I

immediate annuity is a valid 17-letter word worth 24 points in Scrabble and 28 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS

I1M3M3E1D2I1A1T1E1A1N1N1U1I1T1Y4

1 + 3 + 3 + 1 + 2 + 1 + 1 + 1 + 1 + 0 + 1 + 1 + 1 + 1 + 1 + 1 + 4 =24 PTS

DOUBLE WORD → 48TRIPLE WORD → 72

MEANING

What does immediate annuity mean?