annuity 
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an·nu·ity (ə no̵̅o̅′ə tē, -nyo̵̅o̅′-)
noun pl. annuities -·ties
- a payment of a fixed sum of money at regular intervals of time, esp. yearly
- an investment yielding periodic payments during the annuitant's lifetime, for a stated number of years, or in perpetuity
Etymology: ME & OFr annuite < ML annuitas < L annuus, annual < annus: see annual
Webster's New World College Dictionary Copyright © 2005 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.
Alternate definitions:
Converse of object
- purchase: Do I have to purchase an annuity at age 75?
Adjective modifier
- impaired: However, with an enhanced or impaired life annuity the worse the medical conditions the higher will be the income paid to an annuitant.
Modifies a noun
- ape: Fixed index annuity APE sales of £ 13 million were down 7 per cent on the same period of 2005.
Noun used with modifier
- with-profits: We also review the amount of your income payments each year at the anniversary of the date your with-profits annuity policy started.
The word usage examples above have been gathered from various sources to reflect current and historical usage. They do not represent the opinions of YourDictionary.com.
Buyan annuity cheap, and make your life interesting to yourself and everybody else that watches the speculation. 268
Webster's New World Dictionary of Quotations Copyright © 2005 by Chambers Harrap Publishers Ltd. All rights reserved. Published by Wiley, Hoboken, NJ. Used by arrangement with John Wiley & Sons, Inc.
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MLA Style
"annuity." Webster's New World College Dictionary. 2009
- Your Dictionary. 5 July 2009
- <www.yourdictionary.com/annuity>
APA Style
annuity. (2009). In Webster's New World College Dictionary
- Retrieved July 5th, 2009, from www.yourdictionary.com/annuity
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