annuity

English dictionary entry

Meanings

noun
  1. A right to receive amounts of money regularly over a certain fixed period, in perpetuity, or, especially, over the remaining life or lives of one or more beneficiaries.

Pronunciation

/əˈn(j)uɪti/ LL-Q1860 (eng)-Vininn126-annuity.wav

Word forms

annuity annuities

Etymology

From French annuité, from Medieval Latin annuitās, from Latin annuus (“annual”). Cf. annuality.

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