annuitant


Also found in: Thesaurus, Legal, Financial, Wikipedia.

an·nu·i·tant

 (ə-no͞o′ĭ-tənt, ə-nyo͞o′-)
n.
1. One that receives or is qualified to receive an annuity.
2. An officially retired US intelligence officer who is actually still on the government's payroll and is available for assignments.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

annuitant

(əˈnjuːɪtənt)
n
(Banking & Finance) a person in receipt of or entitled to an annuity
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

an•nu•i•tant

(əˈnu ɪ tnt, əˈnyu-)

n.
a person who receives an annuity.
[1710–20]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.annuitant - the recipient of an annuityannuitant - the recipient of an annuity    
recipient, receiver - a person who receives something
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations

annuitant

n (form)Rentenempfänger(in) m(f) (einer Jahresrente)
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007
References in classic literature ?
It turned out to be Captain Bildad, who along with Captain Peleg was one of the largest owners of the vessel; the other shares, as is sometimes the case in these ports, being held by a crowd of old annuitants; widows, fatherless children, and chancery wards; each owning about the value of a timber head, or a foot of plank, or a nail or two in the ship.
The debtor, Marcus Soori-Arachi, was the annuity owner and annuitant, with his probate estate the designated beneficiary entitled to the proceeds upon his death.
After retiring, he worked at the Department of State as a reemployed annuitant (WAE) for 11 years, until 2011.
The transaction will not change the amount of the monthly benefit for any annuitant. Metropolitan Life will be responsible for making these monthly payments following the close of the transaction.
This is true even though the beneficiary will get nothing unless the annuitant dies before receiving payments equal to the annuitant's premium cost.
1: What happens to the money paid to the insurance company when the annuitant dies?
This consumption profile lies well below the annuitant due to the likely payment of accidental bequests; the analysis presented here suggests that someone who self-finances consumption in retirement requires 1.71 times the starting wealth of an annuitant to achieve the same expected lifetime utility at age 65.
During the time period we study, the company collected information on the annuitant's place of residence but did not use this information to set prices.
First of all as the annuitant had not died but had benefited from mortality gain then surely that should be clawed back.
An annuitant receiving payments, whether through some significant mishap, or through some great fortune, may substantially benefit their family's circumstance by liquidating all or part of their payment stream," said Paul Kadlick, Director of Sales at SHS.
Usually acquired by a married couple, the first annuitant receives a definite amount at regular intervals for life.
A military member has devoted a career in serving our country and the spouse has supported that member and deserves recognition and compensation once the annuitant dies.