### Question
How is the term charitable gift annuity defined?


### Answer
The term **charitable gift annuity** is defined in *15 U.S.C. § 80a* as the following:

> an annuity issued by a charitable organization that is described in section 501(m)(5) of title 26

#### Citation:
  - *15 U.S.C. § 80a*
  - Heading: **CHAPTER 2D-INVESTMENT COMPANIES AND ADVISERS > SUBCHAPTER I-INVESTMENT COMPANIES**

