ANNUITY

annuity, rente

(noun) income from capital investment paid in a series of regular payments; “his retirement fund was set up to be paid as an annuity”

Source: WordNet® 3.1


Etymology

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.

Source: Wiktionary


An*nu"i*ty, n.; pl. Annuities. Etym: [LL. annuitas, fr. L. annus year: cf. F. annuité.]

Definition: A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

22 February 2025

ANALYSIS

(noun) the use of closed-class words instead of inflections: e.g., ‘the father of the bride’ instead of ‘the bride’s father’


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Coffee Trivia

An article published in Harvard Men’s Health Watch in 2012 shows heavy coffee drinkers live longer. The researchers examined data from 400,000 people and found out that men who drank six or more coffee cups per day had a 10% lower death rate.

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