annuity

UK: /əˈnjuːɪti/

US: /əˈnuɪti, əˈnju-/

US: (ə no̅o̅′i tē, ə nyo̅o̅′-)

Inflections of 'annuity' (n): npl: annuities

WordReference Random House Learner's Dictionary of American English © 2025

an•nu•i•ty /əˈnuɪti, əˈnyu-/   n. [countable] , pl. -ties. 

1. Business a certain income paid yearly for a fixed period, often for the person's lifetime.
2. Business the policy or form of insurance that provides such an income.

See -ann-.

WordReference Random House Unabridged Dictionary of American English © 2025

an•nu•i•ty  (ə no̅o̅′i tē, ə nyo̅o̅′-), n., pl. -ties. 

1. Business 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 payments or in a single payment.
2. Business the right to receive such an income, or the duty to make such a payment or payments.

• Medieval Latin annuitās, equivalent. to Latin annu(us) yearly (derivative of annus year) + -itās -ity
• Anglo-French annuité, annualté
• late Middle English 1400–50

Collins Concise English Dictionary © HarperCollins Publishers::

annuity / əˈnjuːɪtɪ/ noun ( -ties)

1. a fixed sum payable at specified intervals, esp annually, over a period, such as the recipient's life, or in perpetuity, in return for a premium paid either in instalments or in a single payment

Etymology: 15th Century: from French annuité, from Medieval Latin annuitās, from Latin annuus annual