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
Word of the Day
19 June 2025
ROOTS
(noun) the condition of belonging to a particular place or group by virtue of social or ethnic or cultural lineage; “his roots in Texas go back a long way”; “he went back to Sweden to search for his roots”; “his music has African roots”
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