An annuity can be a single life annuity or a joint life annuity where the payments are guaranteed until the death of the second annuitant. It is regarded as ideal for retirees as it is the only income of any financial product that is fully guaranteed.
Definition: The Kelvin temperature scale is an absolute temperature scale based on the definition that the volume of a gas at constant (low) pressure is directly proportional to temperature and that 100 degrees separates the freezing and boiling points of water.
The temperature scale commonly used in science is the Celsius or centigrade scale. The Kelvin scale is most often used in the thermodynamic and astronomical fields (and especially when dealing with temperatures close to absolute zero).