Annuity

//əˈn(j)uɪti// noun

noun ·Uncommon ·College level

Definitions

Noun
  1. 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. 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

Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.