annuity

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English

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Etymology

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

Pronunciation

  • IPA(key): /əˈn(j)uɪti/
  • Audio (US):(file)

Noun

annuity (plural annuities)

  1. (insurance, pensions) 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.

Derived terms

Translations

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