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noun Uncommon

annuity

uh-NOO-ih-tee
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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.”

noun
1
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.
"He used part of his pension to buy an annuity that pays him monthly."
"The annuity guarantees her a steady income after retirement."

How to use annuity

Learner’s notes

In plain EnglishA financial product that pays out a fixed amount regularly, often used for retirement income.

Common pairings
buy an annuity annuity payment retirement annuity
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Word forms

Plural
annuities
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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."

Origin: Medieval Latin

Antonyms

Related words

Rhymes for annuity

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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.

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