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annuity

From Wiktionary, the free dictionary

English

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EnglishWikipedia has an article on:
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Etymology

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FromFrenchannuité, fromMedieval Latinannuitās, fromLatinannuus(annual). Cf.annuality.

Pronunciation

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Noun

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annuity (pluralannuities)

  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 morebeneficiaries.

Derived terms

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Related terms

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Translations

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right to receive amounts of money regularly
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