Definition Definition

annuity - Meaning and Examples

Meaning of 'annuity' (Webster Dictionary)

1 . Annuity [ n.]
- A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.

Meaning of 'annuity' (Princeton's WordNet)

1 . annuity [ n]
Meaning (1):
- income from capital investment paid in a series of regular payments
Example in sentence:
  • his retirement fund was set up to be paid as an annuity