💵annuity

noun
/əˈnjuː.ɪ.ti/

Meaning

a fixed sum of money paid to someone each year, typically for the rest of their life

Example Sentences

She receives an annuity from her late husband's insurance policy.

Synonyms

pension, allowance, stipend, payment

Antonyms

lump sum, debt

Collocations

fixed annuity, variable annuity, annuity contract, lifetime annuity

Related Vocabularies

the fact of being required or indispensable; something essential
a traditional practice or behavior; duties levied on imports; habitual practice
the action of using someone or something as a model; a copy of something original
a hollow place in a solid body or surface; an opening through something
a burden or obstacle that makes progress or movement difficult
An idea or opinion produced by thinking, or occurring suddenly in the mind.

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