"immediate annuity" meaning in English

{
  "forms": [
    {
      "form": "immediate annuities",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "immediate annuity (plural immediate annuities)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        {
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [],
          "source": "w"
        },
        {
          "kind": "other",
          "name": "Pages with 1 entry",
          "parents": [],
          "source": "w"
        },
        {
          "kind": "other",
          "name": "Pages with entries",
          "parents": [],
          "source": "w"
        },
        {
          "kind": "other",
          "langcode": "en",
          "name": "Finance",
          "orig": "en:Finance",
          "parents": [],
          "source": "w"
        }
      ],
      "examples": [
        {
          "text": "Coordinate term: deferred annuity"
        }
      ],
      "glosses": [
        "An annuity that begins less than a year after its purchase."
      ],
      "id": "en-immediate_annuity-en-noun-6fbTXKUm",
      "links": [
        [
          "finance",
          "finance#Noun"
        ],
        [
          "annuity",
          "annuity"
        ],
        [
          "year",
          "year"
        ],
        [
          "purchase",
          "purchase"
        ]
      ],
      "raw_glosses": [
        "(finance) An annuity that begins less than a year after its purchase."
      ],
      "topics": [
        "business",
        "finance"
      ]
    }
  ],
  "word": "immediate annuity"
}

{
  "forms": [
    {
      "form": "immediate annuities",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "immediate annuity (plural immediate annuities)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        "English countable nouns",
        "English entries with incorrect language header",
        "English lemmas",
        "English multiword terms",
        "English nouns",
        "Pages with 1 entry",
        "Pages with entries",
        "en:Finance"
      ],
      "examples": [
        {
          "text": "Coordinate term: deferred annuity"
        }
      ],
      "glosses": [
        "An annuity that begins less than a year after its purchase."
      ],
      "links": [
        [
          "finance",
          "finance#Noun"
        ],
        [
          "annuity",
          "annuity"
        ],
        [
          "year",
          "year"
        ],
        [
          "purchase",
          "purchase"
        ]
      ],
      "raw_glosses": [
        "(finance) An annuity that begins less than a year after its purchase."
      ],
      "topics": [
        "business",
        "finance"
      ]
    }
  ],
  "word": "immediate annuity"
}