Definition of annuity Annuity

/ʌnuˈʌti/ - [unuutee] - an•nu•i•ty

We found 9 definitions of annuity from 7 different sources.

What does annuity mean?

Noun Plural: annuities
annuity - income from capital investment paid in a series of regular payments; "his retirement fund was set up to be paid as an annuity"
		rente
		regular payment a payment made at regular times
		annuity in advance an annuity paid in a series of more or less equal payments at the beginning of equally spaced periods; "rent payable in advance constitutes an annuity in advance for the landlord"
		ordinary annuity an annuity paid in a series of more or less equal payments at the end of equally spaced periods
		reversionary annuity, survivorship annuity an annuity payable to one person in the event that someone else is unable to receive it

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annuity (Noun)
A specified income payable at stated intervals for a fixed or a contingent period, often for the recipient’s life, in consideration of a stipulated premium paid either in prior installment installment payments or in a single payment . For example, a retirement annuity paid to a public officer following his or her retirement.
annuity (Noun)
The right to receive such an income.
annuity (Noun)
The duty to make such a payment or payments.

annuity (n.)
A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.

annuity
an-nū′i-ti, n. a payment generally (but not necessarily) of uniform amount falling due in each year during a given term, such as a period of years or the life of an individual, the capital sum not being returnable.—n. Annū′itant, one who receives an annuity.—Certain annuity, one for a fixed term of years, subject to no contingency whatever; Contingent annuity, one that depends also on the continuance of some status, as the life of a person whose duration is calculated by the theory of probabilities. An annuity is usually held payable to the end of each year survived; but when, in addition, a proportion of the year's annuity is payable up to the day of death, the annuity is said to be Complete—the ordinary annuity being sometimes, for distinction, referred to as a Curtate annuity. When the first payment is due in advance, the annuity is known as an Annuity due; when the first payment is not to be made until the expiry of a certain number of years, it is called a Deferred or Reversionary annuity

annuity
A sum of money payable yearly, to continue for a given number of years, for life or forever; an annual allowance. The U. S. government furnishes annuities and annuity goods to certain tribes of Indians.