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Meaning of annuity

Source language: EnglishDictionary language: English

annuity

Pronunciation:/əˈn(j)uɪti/

noun

Definitions

  1. 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.

Sources:https://en.wiktionary.org/wiki/annuity

Related words

renteinterestpensionannuitantsuperannuationcashincomepensionable