annuity

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an·nu·i·ty

 (ə-no͞o′ĭ-tē, ə-nyo͞o′-)
n. pl. an·nu·i·ties
1.
a. The annual payment of an allowance or income.
b. The right to receive this payment or the obligation to make this payment.
2. A contract or agreement by which one receives fixed payments on an investment for a lifetime or for a specified number of years.

[Middle English annuite, from Anglo-Norman, from Medieval Latin annuitās, from Latin annuus, yearly, from annus, year; see at- in Indo-European roots.]

annuity

(əˈnjuːɪtɪ)
n, pl -ties
1. (Banking & Finance) a fixed sum payable at specified intervals, esp annually, over a period, such as the recipient's life, or in perpetuity, in return for a premium paid either in instalments or in a single payment
2. (Banking & Finance) the right to receive or the duty to pay such a sum
[C15: from French annuité, from Medieval Latin annuitās, from Latin annuus annual]

an•nu•i•ty

(əˈnu ɪ ti, əˈnyu-)

n., pl. -ties.
1. a specified income payable at stated intervals for a fixed or contingent period, often for the recipient's life, as in consideration of a premium paid.
2. the right to receive such an income.
3. the duty to make such a payment or payments.
[1400–50; late Middle English < Anglo-French annuité, annualté < Medieval Latin annuitās]

annuity

an investment that bears a fixed return yearly, for a fixed period or for the life of the recipient.
See also: Finance
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.annuity - income from capital investment paid in a series of regular paymentsannuity - income from capital investment paid in a series of regular payments; "his retirement fund was set up to be paid as an annuity"
regular payment - a payment made at regular times
annuity in advance - an annuity paid in a series of more or less equal payments at the beginning of equally spaced periods; "rent payable in advance constitutes an annuity in advance for the landlord"
ordinary annuity - an annuity paid in a series of more or less equal payments at the end of equally spaced periods
reversionary annuity, survivorship annuity - an annuity payable to one person in the event that someone else is unable to receive it
tontine - an annuity scheme wherein participants share certain benefits and on the death of any participant his benefits are redistributed among the remaining participants; can run for a fixed period of time or until the death of all but one participant
Translations
Ruhegeld
anuitet
lijfrenteverzekering

annuity

[əˈnjuːɪtɪ] Nrenta f vitalicia

annuity

[əˈnjuːɪti] nrente f annuity payment, life annuityannuity payment npaiement m de rentes

annuity

n(Leib)rente f; to buy an annuityeine Rentenversicherung abschließen

annuity

[əˈnjuːɪtɪ] nannualità f inv, rendita annuale (also life annuity) → vitalizio
pension annuity (policy) → polizza di pensione integrativa
References in periodicals archive ?
Accordingly, a lottery winner is not taxable on the value of an annuitized prize in the year it is won under the doctrine of constructive receipt.
Pinkans said that since less than 10% of equity index annuities are annuitized, the industry ought to consider that some of those annuity sales really should be index life.
Since 1997, the Michigan Lottery has been offering players the choice of taking their prizes as annual installments paid over several years or as a single lump sum payment -- usually about 50% of the annuitized prize amount.
The IRS maintained that the private annuity transaction was therefore not for adequate and full consideration, and was in substance a part-gift, part-sale of the annuitized property.
It has resisted industry requests to provide lower tax rates to annuitized payouts and across-the-board deductibility to long-term-care insurance premiums.
Over 90 percent of the company's liabilities are not subject to discretionary withdrawal, although accumulating annuity contracts can be annuitized and withdrawn over a 10-year payout period.
Veridium intends to provide targeted clients with turn-key processing systems based on Veridium's technologies for no up-front cost in return for fixed annuitized charges based on a percentage of the client's ongoing savings.
In the near term, a heavy focus on guarantees beyond the performance of the contract's investment options (in the form of death benefits, withdrawal benefits, asset levels and income from annuitized contracts) will be a way for insurers to differentiate themselves.
On the annuities front, Veridium intends to provide targeted clients with turn-key processing systems based on Veridium's technologies for no up-front cost in return for fixed annuitized charges based on a percentage of the client's ongoing savings.
Living benefits include guaranteed minimum withdrawals, minimum accumulation benefits and minimum annuitized income benefits.
Annuitized payouts are guaranteed to last a lifetime or stipulated period.