annuity


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Related to annuity: present value of annuity, Annuity due, Annuity Table

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 classic literature ?
That is very true, and, therefore, I do not know whether, upon the whole, it would not be more advisable to do something for their mother while she lives, rather than for them--something of the annuity kind I mean.
Fairfax, the housekeeper, away to her friends at a distance; but he did it handsomely, for he settled an annuity on her for life: and she deserved it--she was a very good woman.
David had bought an annuity for himself with his money, I know,' said she, by and by.
From the time of his settling in Alencon he had nobly admitted his poverty, saying that his whole fortune consisted in an annuity of six hundred francs a year, the sole remains of his former opulence,--a property which obliged him to see his man of business (who held the annuity papers) quarterly.
I had often heard him complain of the disproportion of his rank with his fortune; and I advised him to invest all he had in an annuity.
She is not rich; she has only an annuity of twelve hundred francs, and it would be impossible for her to send me to school.
the House had never been their own and their Fortune had only been an Annuity on their own Lives.
Jellyby, they were going to have their secretary's portrait painted and presented to his mother-in-law, whose deep devotion to him was well known, they were going to get up everything, I really believe, from five hundred thousand tracts to an annuity and from a marble monument to a silver tea-pot.
But I shall not give up my Liberty for a dirty annuity.
But she refused, saying she could now afford to employ an assistant, and would continue the school till she could purchase an annuity sufficient to maintain her in comfortable lodgings; and, meantime, she would spend her vacations alternately with us and your sister, and should be quite contented if you were happy.
It would have been worth a small annuity to have beheld that; let alone Miss Price's evident joy at making them jealous, and Nicholas Nickleby's happy unconsciousness of making anybody uncomfortable.
There were fortunes for the staff that never cost France a penny, and the Legion of Honor was as good as an annuity for the rank and file; I still draw my pension on the strength of it.