What does annuity mean?

Definitions for annuity
əˈnu ɪ ti, əˈnyu-an·nu·ity

This dictionary definitions page includes all the possible meanings, example usage and translations of the word annuity.

Princeton's WordNet

  1. annuity, rentenoun

    income from capital investment paid in a series of regular payments

    "his retirement fund was set up to be paid as an annuity"

Wiktionary

  1. annuitynoun

    A specified income payable at stated intervals for a fixed or a contingent period, often for the recipient's life, in consideration of a stipulated premium paid either in prior installment payments or in a single payment. For example, a retirement annuity paid to a public officer following his or her retirement.

  2. annuitynoun

    The right to receive such an income.

  3. annuitynoun

    The duty to make such a payment or payments.

  4. Etymology: From annuité, from annuitās, from annuus.

Samuel Johnson's Dictionary

  1. ANNUITYnoun

    Etymology: annuité, Fr.

    John Cowell.

    He was generally known to be the son of one earl, and brother to another, who supplied his expence, beyond what his annuity from his father would bear. Edward Hyde.

Wikipedia

  1. Annuity

    In investment, an annuity is a series of payments made at equal intervals. Examples of annuities are regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments and pension payments. Annuities can be classified by the frequency of payment dates. The payments (deposits) may be made weekly, monthly, quarterly, yearly, or at any other regular interval of time. Annuities may be calculated by mathematical functions known as "annuity functions". An annuity which provides for payments for the remainder of a person's lifetime is a life annuity.

ChatGPT

  1. annuity

    An annuity is a financial product that pays out a fixed stream of payments to an individual over a defined period of time. It is primarily used as an income stream for retirees. Annuities are created and sold by financial institutions, which accept funds from an individual and agree to pay back principal and interest payments to that individual at a later point in time. Those payments can be scheduled monthly, quarterly, annually, or a lump sum. There are two main types of annuities: immediate and deferred. Immediate annuities begin payments immediately upon investment, while deferred annuities begin payments at a future date.

Webster Dictionary

  1. Annuitynoun

    a sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance

  2. Etymology: [LL. annuitas, fr. L. annus year: cf. F. annuit.]

Wikidata

  1. Annuity

    An annuity is a series of payments made at fixed intervals of time. Examples of annuities are regular deposits to a savings account, monthly home mortgage payments and monthly insurance payments. Annuities are classified by the frequency of payment dates. The payments may be made weekly, monthly, quarterly, yearly, or at any other interval of time.

Chambers 20th Century Dictionary

  1. Annuity

    an-nū′i-ti, n. a payment generally (but not necessarily) of uniform amount falling due in each year during a given term, such as a period of years or the life of an individual, the capital sum not being returnable.—n. Annū′itant, one who receives an annuity.—Certain annuity, one for a fixed term of years, subject to no contingency whatever; Contingent annuity, one that depends also on the continuance of some status, as the life of a person whose duration is calculated by the theory of probabilities. An annuity is usually held payable to the end of each year survived; but when, in addition, a proportion of the year's annuity is payable up to the day of death, the annuity is said to be Complete—the ordinary annuity being sometimes, for distinction, referred to as a Curtate annuity. When the first payment is due in advance, the annuity is known as an Annuity due; when the first payment is not to be made until the expiry of a certain number of years, it is called a Deferred or Reversionary annuity.

Military Dictionary and Gazetteer

  1. annuity

    A sum of money payable yearly, to continue for a given number of years, for life or forever; an annual allowance. The U. S. government furnishes annuities and annuity goods to certain tribes of Indians.

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Numerology

  1. Chaldean Numerology

    The numerical value of annuity in Chaldean Numerology is: 5

  2. Pythagorean Numerology

    The numerical value of annuity in Pythagorean Numerology is: 5

Examples of annuity in a Sentence

  1. Tom McPhail:

    It appears likely that some providers are going to be called to account for the way they have treated their customers, which could in turn pave the way for compensation for mis-sold annuity investors.

  2. Michael Honig:

    Silver Oak is a brand like Ferrari or Herms -- it’s something that’s helped elevate the whole Napa Valley brand even higher, they’re very well-respected in the wine world, they have an amazing market share, their sales are through the roof and every distributor would love to have them in their portfolio because it’s such a great annuity. It just sells and that’s not always the case with wineries. They just keep truckin’ along.

  3. Bill Werde:

    The real annuity for an artist's estate is owning copyright and catalog. That's the revenue stream.

  4. Doug Boneparth:

    Why do you need your employer plan to decide what annuity to pick?

  5. Tom McPhail:

    Behind the scenes, they have been methodically stripping away the layers of paperwork and uncovering evidence of how the sales were made, it appears likely that some providers are going to be called to account for the way they have treated their customers, which could in turn pave the way for compensation for mis-sold annuity investors.

Popularity rank by frequency of use

annuity#10000#14204#100000

Translations for annuity

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"annuity." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/annuity>.

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