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

Don't use words too big for the subject. Don't say "infinitely" when you mean "very"; otherwise you'll have no word left when you want to talk about something really infinite.
C. S. Lewis