annuity
11annuity — In the older sense of the term, a yearly payment of a certain sum of money granted to another in fee, for life, or for years. In the modern sense, a right, bequeathed, donated, or purchased, to receive fixed or certain periodical payments,… …
12Annuity — See also: Pension Annuity may refer to: Annuity (finance theory): any terminating stream of fixed payments over a specified period of time Life annuity: a financial contract providing payments for a person s lifetime Annuity (US financial… …
13annuity — /ə nju:ɪti/ noun money paid each year to a retired person, usually in return for a lump sum payment. The value of the annuity depends on how long the person lives, as it usually cannot be passed on to another person. Annuities are fixed payments …
14Annuity — A financial product sold by financial institutions that is designed to accept and grow funds from an individual and then, upon annuitization, pay out a stream of payments to the individual at a later point in time. Annuities are primarily used as …
15annuity — 1) A contract in which a person pays a premium to an insurance company, usually in one lump sum, and in return receives periodic payments for an agreed period or for the rest of his or her life. An annuity has been described as the opposite of… …
16annuity — 1) A contract in which a person pays a premium to an insurance company, usually in one lump sum, and in return receives periodic payments for an agreed period or for the rest of his or her life. An annuity has been described as the opposite of a… …
17annuity — noun (plural ities) Etymology: Middle English annuite, from Anglo French annuité, from Medieval Latin annuitat , annuitas, from Latin annuus yearly Date: 15th century 1. a sum of money payable yearly or at other regular intervals 2. the right to …
18annuity — UK [əˈnjuːətɪ] / US [əˈnuətɪ] noun [countable] Word forms annuity : singular annuity plural annuities 1) a fixed amount of money that someone receives regularly each year 2) an amount of money that is invested in order to earn interest that is… …
19annuity — [[t]ənju͟ːɪti, AM ənu͟ːɪti[/t]] annuities N COUNT An annuity is an investment or insurance policy that pays someone a fixed sum of money each year. Syn: endowment …
20annuity — n. yearly income, especially for life. annuitant, n. person receiving annuity …
