Usually means: Income that reverts after death.
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We found 8 dictionaries that define the word reversionary annuity:

General (8 matching dictionaries)
  1. reversionary annuity: Merriam-Webster
  2. reversionary annuity: Vocabulary.com
  3. reversionary annuity: Infoplease Dictionary
  4. reversionary annuity: Dictionary.com
  5. reversionary annuity: Rhymezone
  6. reversionary annuity: FreeDictionary.org
  7. reversionary annuity: Mnemonic Dictionary
  8. reversionary annuity: TheFreeDictionary.com

Definitions from WordNet (reversionary annuity)

noun:  an annuity payable to one person in the event that someone else is unable to receive it


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