Associations to the word «Annuity»

Wiktionary

ANNUITY, noun. 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 more beneficiaries.

Dictionary definition

ANNUITY, noun. Income from capital investment paid in a series of regular payments; "his retirement fund was set up to be paid as an annuity".

Wise words

A word is not a crystal, transparent and unchanged; it is the skin of a living thought and may vary greatly in color and content according to the circumstances and time in which it is used.
Oliver Wendell Holmes, Jr.