annuitant
1
8.6
- noun
- /ˈæn.ju.ɪ.tənt/
- Specialized
:
anuitante
- Until that time, the policy was that the state made sufficient contributions to cover annuitants' benefits, while the employees' contributions and investment income were used to build future reserves.
- policyholders and annuitants
Examples
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Retirees, their dependents, and annuitants are also eligible for certain in-kind benefits: subsidized insurance, limited health care, and commissary and exchange privileges.
Academic text (1994) -
Most of these annuity contracts call for the annuity payments to end when the annuitant dies.
Blog text (21) -
About nine million pensioners and annuitants subsist on a low income, but wield great electoral power.
Academic text (1995) -
State contributions plummeted in 1982 and 1983 and increased very modestly for the next decade, although annuitants' benefits payments grew dramatically.
Blog text (24) -
Many times, the annuitant dies and the insurer receives no notice, thereby increasing the danger that the company will continue to send annuity checks to a deceased person.
Blog text (21) -
Retirees often worry about their financial stability, but many find comfort in knowing their annuitant status ensures regular payments.
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The financial advisor recommended purchasing an annuity to guarantee that the annuitant would receive monthly income for life.
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As an annuitant, she receives payments every month, which help cover her living expenses during retirement.
Synonyms
11
2.0
A person who receives regular payments after they stop working
A person who receives regular retirement payments from a company or government
Surface Forms
Morphology
annuitant = annuity (transparent) = annuit + ant
Formed from 'annuity' with the agentive suffix '-ant' so the meaning 'person who receives an annuity' is directly inferable despite a minor orthographic adjustment.
Etymology
Annuitant comes from the root ann-, meaning 'year', the same root you see in annual and anniversary. So an annuitant is someone who receives regular, often 'yearly', payments from an annuity, which is why the 'year' part helps explain the word.