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annuum — meaning in English

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English meaning

  • annuity noun 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.
  • pension noun A regular payment made to someone after they retire, based on their years of work.

Senses

annuum is used for these senses in English:

  • annuity (insurance, pensions) 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.
  • pension (finance) An annuity paid regularly as benefit due to a retired employee, serviceman etc. in consideration of past services, originally and chiefly by a government but also by various private pension schemes. [from 16th c.]

pension — full definition

  1. noun A regular payment made to someone after they retire, based on their years of work.
  2. verb To pay someone a pension, or to force them into retirement with one.
  3. noun A small guesthouse or hotel, especially in Continental Europe, offering rooms and meals.