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

2 April 2025

COVERT

(adjective) secret or hidden; not openly practiced or engaged in or shown or avowed; “covert actions by the CIA”; “covert funding for the rebels”


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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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