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1. (n.) annuity
a specified income payable at stated intervals for a fixed or contingent period, often for the recipient's life, as in consideration of a premium paid.
2. annuity
the right to receive such an income.
3. annuity
the duty to make such a payment or payments.
Etymology: (1400–50; late ME < AF annuité, annualté < ML annuitās)
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| Definition of 'Annuity' |
Princeton's WordNet |
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1. (noun) annuity, rente
income from capital investment paid in a series of regular payments
"his retirement fund was set up to be paid as an annuity"
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| Definition of 'Annuity' |
Webster Dictionary |
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1. (noun) Annuity
a sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance
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