noun
fixed-term annuity
A financial product that pays a guaranteed income for a set period, as opposed to a lifetime annuity.
有期年金は、10年や15年など一定期間にわたって年金を受け取れる商品です。
A fixed-term annuity is a product that allows you to receive a pension over a fixed period, such as 10 or 15 years.
終身年金 pays for the rest of the recipient's life, while 有期年金 pays only for a predetermined term.
Compound of 有期 (fixed term) and 年金 (pension, annuity).