What is CLEAR ANNUITY? Definition of CLEAR ANNUITY in Black's Law Dictionary - Legal dictionary - Glossary of legal terms.
The devise of an annuity "clear" means an annuity free from taxes (Hodgworth v. Crawley, 2 Atk. 376) or free or clear of legacy or inheritance taxes. In re Bispham's Estate, 24 Wkly.Notes Cas. (Pa.) 79.
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That's the definition of CLEAR ANNUITY in Black's Law Dictionary - Legal dictionary - Glossary of legal terms. Courtesy of Cekhukum.com.
