Annuity
//əˈn(j)uɪti// noun
noun ·Uncommon ·College level
Definitions
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.
- 2 income from capital investment paid in a series of regular payments wordnet
Example
More examples"The law enables us to receive an annuity."
Etymology
From French annuité, from Medieval Latin annuitās, from Latin annuus (“annual”). Cf. annuality.
Related phrases
More for "annuity"
Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.