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

The chief virtue that language can have is clearness, and nothing detracts from it so much as the use of unfamiliar words.
Hippocrates