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Definition of Annuity
1. Noun. Income from capital investment paid in a series of regular payments. "His retirement fund was set up to be paid as an annuity"
Generic synonyms: Regular Payment
Specialized synonyms: Annuity In Advance, Ordinary Annuity, Reversionary Annuity, Survivorship Annuity, Tontine
Definition of Annuity
1. n. A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.
Definition of Annuity
1. Noun. 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. ¹
2. Noun. The right to receive such an income. ¹
3. Noun. The duty to make such a payment or payments. ¹
¹ Source: wiktionary.com
Definition of Annuity
1. an allowance or income paid at regular intervals [n -TIES]
Lexicographical Neighbors of Annuity
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