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annuity

annuity

21 7.4
A regular fixed payment of money made to someone, often every year for life
  • noun
  • /əˈnuːɪti/
  • Specialized
translation icon : anualidad
  • After retiring, he depended on an annuity for financial stability.
  • annuity payments
  • private annuity
  • pension or annuity

If you do the annuity payments, you're, you're financially smarter.

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Examples

  • She receives a fixed annuity each year to support her retirement.

  • And, of course, if you think of the payments as an annuity over the years, the cost is really quite minimal.

  • And with the annuity Jim left you, you should be pretty much set income-wise, so...

  • The donor receives a fixed annuity from the GRAT during the life of the trust.

    Academic text (2007)
  • At the same time, the family bought an annuity plan worth 56,000 covering half Annie's care costs.

    Academic text (2011)
  • Judiciously using their annuities, the Choctaws invested in schools, sawmills, and blacksmith shops.

    Academic text (1999)
  • The couple invested in an annuity to ensure a steady income during their golden years.

Synonyms

rente
vsannuity
  • Archaic
9.9

Money that an investment or property pays regularly to someone

is the general term for yearly or periodic fixed capital payments
ordinary annuity
vsannuity
  • Specialized
6.2

A series of equal payments made at the end of each period for a set time

covers fixed yearly or periodic payments without specifying timing
annuity in advance
vsannuity
  • Specialized
8.0

A series of payments people receive at the start of each period

does not require payments to occur at period starts
survivorship annuity
vsannuity
  • Specialized
8.8

A regular payment to one person when the other person dies

is an unconditional fixed yearly or periodic payment regardless of others

Compounds

annuity in advance
  • Specialized
8.0

A series of payments people receive at the start of each period

Regular payments that go to another person after the first person dies or cannot receive payments

ordinary annuity
  • Specialized
6.2

A series of equal payments made at the end of each period for a set time

survivorship annuity
  • Specialized
8.8

A regular payment to one person when the other person dies

How Much

annuity
  • Specialized
21 7.4
rente
  • Archaic
9.9

Surface Forms

annuity singular
annuities plural

Morphology

annuity = annual (semi-transparent) = ann + ity

The form links to 'annual'/'year', but 'annuity' is a specialized financial/legal term (a fixed payment), so learners may not infer the precise financial meaning from the base alone.

Etymology

Annuity comes from the Latin annus, meaning 'year', and is the same root as annual. So an annuity originally meant a yearly payment and now means a regular, fixed sum paid for a set time.