variable annuity
A financial product where payouts vary based on the performance of underlying investments. Domain-specific term used in insurance and retirement planning.
With a variable annuity, future payouts fluctuate depending on investment performance.
A fixed annuity that guarantees a set payout, unlike a variable annuity where returns depend on market performance.
Compound of 変額 (variable amount) and 年金 (annuity/pension). A straightforward modern financial term.