annuity
Annuity (noun) means a fixed sum of money paid to someone at regular intervals, often for the rest of their life, usually as part of a retirement or investment plan. Example: “He used part of his pension to buy an annuity that pays him monthly.”
How to use annuity
Learner’s notesIn plain EnglishA financial product that pays out a fixed amount regularly, often used for retirement income.
Word forms
annuities plural
Fill the gap
Can you complete this real example?
He used part of his pension to buy an _____ that pays him monthly.
Etymology
From French annuité, from Medieval Latin annuitas, based on Latin annuus, "yearly."
Synonyms
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Rhymes for annuity
See all rhymes for annuity →Frequently asked questions
What does “annuity” mean?
The word “annuity” means a fixed sum of money paid to someone at regular intervals, often for the rest of their life, usually as part of a retirement or investment plan. In plain terms, a financial product that pays out a fixed amount regularly, often used for retirement income.
How do you pronounce “annuity”?
“Annuity” is pronounced uh-NOO-ih-tee (/əˈn(j)uɪti/ in IPA).
How do you use “annuity” in a sentence?
Here is “annuity” used in a sentence: “He used part of his pension to buy an annuity that pays him monthly.”
What part of speech is “annuity”?
“Annuity” is a noun.
Where does the word “annuity” come from?
The word “annuity” comes from Medieval Latin. From French annuité, from Medieval Latin annuitas, based on Latin annuus, "yearly.".
Is “annuity” a common word?
“Annuity” is an uncommon word in modern English.