[
US
/əˈnuəti, əˈnuɪti, ənˈjuɪti/
]
[ UK /ɐnjˈuːɪti/ ]
[ UK /ɐnjˈuːɪti/ ]
NOUN
-
income from capital investment paid in a series of regular payments
his retirement fund was set up to be paid as an annuity
How To Use annuity In A Sentence
- California requires any organization that administers a gift annuity program to provide adequate reserves for any annuities sold in California or to California residents.
- At retirement, savers can opt for a fixed or variable-rate annuity.
- An annuity in perpetuity does not have a fixed time span but continues indefinitely and receipts can therefore only come from interest earned. Collins Dictionary of Economics
- In contrast, the life-care annuity products could be open to just about anyone not currently receiving long-term care. Package Deals
- This allows them to receive tax relief on the contribution and use the lump sum to buy an annuity. Times, Sunday Times
- an annuity paid in perpetuity
- reversionary annuity
- You may not touch the funds saved in a retirement annuity before you are 55 years old.
- And to judge any variable annuity, you need to consider the whole package -- not the returns on just one fund.
- For most people the only viable option to an annuity is a drawdown plan. Times, Sunday Times