annuity

Pronunciation: /əˈn(j)uɪti/

The English word “annuity” has 1 meaning listed here.

noun

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.

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

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