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What (who) is Annuity - definition
annuity
SERIES OF PAYMENTS MADE AT EQUAL INTERVALS
Annuities; Annuity function; Rente; Annuity formula; Annuitization; Annuity (finance theory)
¦ noun (plural annuities) a fixed sum of money paid to someone each year, typically for the rest of their life.
?a form of insurance or investment entitling the investor to a series of annual sums.
Derivatives
annuitize or annuitise verb
Origin
ME: from Fr. annuite, from med. L. annuitas, from L. annuus 'yearly', from annus 'year'.
Annuity
SERIES OF PAYMENTS MADE AT EQUAL INTERVALS
Annuities; Annuity function; Rente; Annuity formula; Annuitization; Annuity (finance theory)
·noun A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.
annuity
SERIES OF PAYMENTS MADE AT EQUAL INTERVALS
Annuities; Annuity function; Rente; Annuity formula; Annuitization; Annuity (finance theory)
(annuities)
An annuity is an investment or insurance policy that pays someone a fixed sum of money each year. (BUSINESS)
N-COUNT
Wikipedia
Annuity
An annuity is a series of payments made at equal intervals.Kellison, Stephen G.
Examples of use of Annuity
1. The actual subaccount fees for your particular variable annuity can be found inside your variable annuity prospectus.
2. Permission to reprint/republish A: It depends on whether you own a taxable annuity or an IRA annuity, says J.J.
3. Saudi Aramco retirees receiving an annuity from the company will from this year receive an annual one–month payment based on their monthly Saudi Aramco supplemental annuity.
4. Permission to reprint/republish A: A Swiss annuity is basically a Swiss bank account wrapped in an annuity contract, says John Dietz, a senior adviser at Trustmakers.com.
5. The median value contributed to a gift annuity is $28,027.