annuity
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English
Etymology
From French annuité, from Medieval Latin annuitās, from Latin annuus (“annual”). Cf. annuality.
Pronunciation
Noun
annuity (plural annuities)
- (insurance, pensions) A right to receive amounts of money regularly over a certain fixed period, in perpetuity, or, especially, over the remaining life or lives of one or more beneficiaries.
Derived terms
Related terms
Translations
right to receive amounts of money regularly
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