a
nnui
ty
Plural
annuities
1
a fixed stream of payments made at regular intervals, typically derived from a capital investment or insurance contract
- She receives a monthly annuity from her retirement fund.
- The investor purchased an annuity to guarantee steady income.
- His pension includes an annuity that pays out for life.
- The insurance company offers both immediate and deferred annuities.
- They relied on an annuity to cover living expenses after retirement.
Synonyms: