annuity
pronunciation
How to pronounce annuity in British English:
UK [əˈnju:əti]
How to pronounce annuity in American English:
US [əˈnuəti]
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- Noun:
- income from capital investment paid in a series of regular payments
Word Origin
- annuity (n.)
- early 15c., "a yearly allowance, grant payable in annual installments," from Anglo-French and Old French annuité (14c.) or directly from Medieval Latin annuitatem (nominative annuitas), from Latin annus "year" (see annual (adj.)). Meaning "an investment that entitles one to equal annual payments" is from 1690s.
Example
- 1. This apparently low annuity rate reflects increasing life expectancy .
- 2. Unfortunately , this private information is as hidden from economists as it is from the annuity company .
- 3. In america very few retired people buy an annuity .
- 4. The lesson : don 't focus on what rate of return an annuity produces .
- 5. Sanford bernstein describes that revenue as an annuity that can always be relied on .