annuity

noun

an·nu·i·ty ə-ˈnü-ə-tē How to pronounce annuity (audio)

-ˈnyü-

plural annuities

: a sum of money payable yearly or at other regular intervals

: the right to receive an annuity

: a contract or agreement providing for the payment of an annuity

Did you know?

This is a payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities. Under an annuity certain, a specified number of payments are made, after which the annuity stops. With a contingent annuity, each payment depends on the continuance of a given status; for example, a life annuity continues only as long as the recipient survives. Contingent annuities depend on shared risk. Everyone pays in until the annuity begins; some will live long enough to collect more than they have paid, while others will not live long enough to get back the money they invested.

Example Sentences

Part of her retirement income will come from an annuity. his grandfather's will provided him with an annuity of $5,000 a year to be used for school expenses

Recent Examples on the Web Arbor reaps fees for packaging those credits, and also keeps the lucrative servicing rights on the loans, yielding a steady, annuity-like stream of income.

Shawn Tully, Fortune, 14 July 2022 One estimate on the statement will be for a single life annuity, which pays income to an individual.

Nicole Goodkind, CNN, 21 June 2022 Because an annuity – even in a 401(k) – is still a contract with an insurance company.

Amy Wagner And Steve Sprovach, The Enquirer, 23 Apr. 2022 An asset-annuity combo would use John’s assets in two ways.

Jack Guttentag, Forbes, 17 June 2021 The plan will include which payout option to choose: An annuity option makes an initial annual payment followed by 29 annual payments.

Medora Lee, USA TODAY, 27 July 2022 The annuity option makes an initial annual payment followed by 29 annual payments.

Hannah Kirby, Journal Sentinel, 28 July 2022 Also realize that the $1.02 billion amount is for the annuity option, paid annually over 29 years.

Scott Mcfetridge, Chicago Tribune, 27 July 2022 First, that's the amount for winners who take the annuity option, paid over 30 annual payments.

CBS News, 26 July 2022 See More

Legal Definition

annuity

noun

an·nu·ity ə-ˈnü-ə-tē, -ˈnyü- How to pronounce annuity (audio)

plural annuities

: an amount payable at regular intervals (as yearly or quarterly) for a certain or uncertain period

: the grant of or the right to receive an annuity

his will included annuities for several old friends

: a contract (as with an insurance company) under which one or more persons receive annuities in return for prior fixed payments made by themselves or another (as an employer)

— annuity certain plural annuities certain

: an annuity payable over a specified period even if the annuitant dies

— annuity due plural annuities due

: an immediate annuity in which the payment of the benefits is made at the beginning of each payment interval rather than at the end

— contingent annuity

: an annuity whose starting or ending date depends on the occurrence of an event (as the death of the annuitant) whose date is uncertain

— conventional annuity

: an annuity under which the annuitant receives a specified minimum amount at each payment compare variable annuity in this entry

— deferred annuity

: an annuity in which payment of benefits is delayed until a particular time (as at retirement) compare immediate annuity in this entry

— group annuity

: a pension plan paying annuity benefits at retirement for all eligible persons under a single master contract usually issued to an employer for the benefit of its employees

— immediate annuity

: an annuity purchased with a single premium in which payment of benefits begins within the first payment interval (as within a year) compare deferred annuity in this entry

— joint-and-survivor annuity

: an annuity payable as long as any of the two or more annuitants remains alive

called also joint-and-last-survivor annuity, joint and survivorship annuity, joint life and survivorship annuity

compare joint life annuity in this entry

— joint life annuity

: an annuity payable only until the death of any of the annuitants

called also joint annuity

compare joint-and-survivor annuity in this entry

— life annuity

: an annuity payable during the annuitant's lifetime and terminating at death

called also straight life annuity

— life income-period certain annuity

: an annuity that guarantees a minimum number of payments even if the annuitant dies before the minimum amount is paid or a minimum number of payments plus income for life if the annuitant is still alive after the minimum amount is paid

— refund annuity

: an annuity in which payments to the annuitant or to the annuitant's estate or to a beneficiary are guaranteed to equal at least the amount of the premium paid for the annuity

— straight life annuity

: life annuity in this entry

— variable annuity \\ ˈver-ē-ə-bəl- \\

: an annuity that is backed primarily by a fund of common stocks and whose payments go up or down depending on how well the stocks perform compare conventional annuity in this entry, variable life insurance at life insurance

单词	annuity
释义	annuity noun an·nu·i·ty ə-ˈnü-ə-tē -ˈnyü- plural annuities 1 : a sum of money payable yearly or at other regular intervals 2 : the right to receive an annuity 3 : a contract or agreement providing for the payment of an annuity Did you know? This is a payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities. Under an annuity certain, a specified number of payments are made, after which the annuity stops. With a contingent annuity, each payment depends on the continuance of a given status; for example, a life annuity continues only as long as the recipient survives. Contingent annuities depend on shared risk. Everyone pays in until the annuity begins; some will live long enough to collect more than they have paid, while others will not live long enough to get back the money they invested. Synonyms allocation allotment appropriation entitlement grant subsidy subvention See all Synonyms & Antonyms Example Sentences Part of her retirement income will come from an annuity. his grandfather's will provided him with an annuity of $5,000 a year to be used for school expenses Recent Examples on the Web Arbor reaps fees for packaging those credits, and also keeps the lucrative servicing rights on the loans, yielding a steady, annuity-like stream of income. Shawn Tully, Fortune, 14 July 2022 One estimate on the statement will be for a single life annuity, which pays income to an individual. Nicole Goodkind, CNN, 21 June 2022 Because an annuity – even in a 401(k) – is still a contract with an insurance company. Amy Wagner And Steve Sprovach, The Enquirer, 23 Apr. 2022 An asset-annuity combo would use John’s assets in two ways. Jack Guttentag, Forbes, 17 June 2021 The plan will include which payout option to choose: An annuity option makes an initial annual payment followed by 29 annual payments. Medora Lee, USA TODAY, 27 July 2022 The annuity option makes an initial annual payment followed by 29 annual payments. Hannah Kirby, Journal Sentinel, 28 July 2022 Also realize that the $1.02 billion amount is for the annuity option, paid annually over 29 years. Scott Mcfetridge, Chicago Tribune, 27 July 2022 First, that's the amount for winners who take the annuity option, paid over 30 annual payments. CBS News, 26 July 2022 See More Word History Etymology Middle English annuite, from Anglo-French annuité, from Medieval Latin annuitat-, annuitas, from Latin annuus yearly First Known Use 15th century, in the meaning defined at sense 1 Kids Definition annuity noun an·nu·ity ə-ˈnü-ə-tē -ˈnyü- plural annuities : a sum of money paid yearly or at other regular intervals Legal Definition annuity noun an·nu·ity ə-ˈnü-ə-tē, -ˈnyü- plural annuities 1 : an amount payable at regular intervals (as yearly or quarterly) for a certain or uncertain period 2 : the grant of or the right to receive an annuity his will included annuities for several old friends 3 : a contract (as with an insurance company) under which one or more persons receive annuities in return for prior fixed payments made by themselves or another (as an employer) — annuity certain plural annuities certain : an annuity payable over a specified period even if the annuitant dies — annuity due plural annuities due : an immediate annuity in which the payment of the benefits is made at the beginning of each payment interval rather than at the end — contingent annuity : an annuity whose starting or ending date depends on the occurrence of an event (as the death of the annuitant) whose date is uncertain — conventional annuity : an annuity under which the annuitant receives a specified minimum amount at each payment compare variable annuity in this entry — deferred annuity : an annuity in which payment of benefits is delayed until a particular time (as at retirement) compare immediate annuity in this entry — group annuity : a pension plan paying annuity benefits at retirement for all eligible persons under a single master contract usually issued to an employer for the benefit of its employees — immediate annuity : an annuity purchased with a single premium in which payment of benefits begins within the first payment interval (as within a year) compare deferred annuity in this entry — joint-and-survivor annuity : an annuity payable as long as any of the two or more annuitants remains alive called also joint-and-last-survivor annuity, joint and survivorship annuity, joint life and survivorship annuity compare joint life annuity in this entry — joint life annuity : an annuity payable only until the death of any of the annuitants called also joint annuity compare joint-and-survivor annuity in this entry — life annuity : an annuity payable during the annuitant's lifetime and terminating at death called also straight life annuity — life income-period certain annuity : an annuity that guarantees a minimum number of payments even if the annuitant dies before the minimum amount is paid or a minimum number of payments plus income for life if the annuitant is still alive after the minimum amount is paid — refund annuity : an annuity in which payments to the annuitant or to the annuitant's estate or to a beneficiary are guaranteed to equal at least the amount of the premium paid for the annuity — straight life annuity : life annuity in this entry — variable annuity \\ ˈver-ē-ə-bəl- \\ : an annuity that is backed primarily by a fund of common stocks and whose payments go up or down depending on how well the stocks perform compare conventional annuity in this entry, variable life insurance at life insurance History and Etymology for annuity Medieval Latin annuitas, from Latin annuus yearly annuity noun as in subsidy a sum of money allotted for a specific use by official or formal action his grandfather's will provided him with an annuity of $5,000 a year to be used for school expenses Synonyms & Similar Words Relevance subsidy grant allotment endowment allocation allowance appropriation entitlement fund assistance subvention bequest aid state aid benefit trust fund foreign aid set-aside stipend legacy grant-in-aid block grant relief advance trust
随便看	not a lot of not a moment too soon not a penny less not a penny less/more not a penny more not a pretty sight not a problem not a sausage not a/one bit not all there not amount to much not any good not any longer not at all not bad not badly not bat an eye not bat an eye/eyelash not bat an eyelash not bat an eyelid not before time not before time too not believe basic airman basic amenities

annuity

noun

Did you know?

Synonyms

Example Sentences

Word History

Kids Definition

noun

Legal Definition

noun

noun