Definition of ANNUITY

annuity

Plural: annuities

Noun

  • income from capital investment paid in a series of regular payments
    • "his retirement fund was set up to be paid as an annuity"
  • 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.

Origin / Etymology

From French annuité, from Medieval Latin annuitās, from Latin annuus (“annual”). Cf. annuality.

Synonyms

rente

Scrabble Score: 10

annuity is a valid Scrabble (US) TWL word
annuity is a valid Scrabble Word in Merriam-Webster MW Dictionary
annuity is a valid Scrabble Word in International Collins CSW Dictionary

Words With Friends Score: 12

annuity is a valid Words With Friends word