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annuity


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Related to annuity: present value of annuity, Annuity due, Annuity Table  (ə-no͞o′ĭ-tē, ə-nyo͞o′-)n. pl. an·nu·i·ties1. a. The annual payment of an allowance or income. b. The right to receive this payment or the obligation to make this payment. 2. A contract or agreement by which one receives fixed payments on an investment for a lifetime or for a specified number of years. [Middle Englishannuite , from Anglo-Norman, from Medieval Latinannuitās , from Latinannuus , yearly, fromannus , year; see at-in the Appendix of Indo-European roots.] ( əˈnjuːɪtɪ )n, pl -ties 1. (Banking & Finance) a fixed sum payable at specified intervals, esp annually, over a period, such as the recipient's life, or in perpetuity, in return for a premium paid either in instalments or in a single payment 2. (Banking & Finance) the right to receive or the duty to pay such a sum [C15: from French annuité, from Medieval Latin annuitās, from Latin annuus annual] (əˈnu ɪ ti, əˈnyu-)

n., pl. -ties.

1. a specified income payable at stated intervals for a fixed or contingent period, often for the recipient's life, as in consideration of a premium paid. 2. the right to receive such an income. 3. the duty to make such a payment or payments. [1400–50; late Middle English < Anglo-French annuité, annualté < Medieval Latin annuitās]an investment that bears a fixed return yearly, for a fixed period or for the life of the recipient.See also: Finance
Noun1.annuity - income from capital investment paid in a series of regular paymentsannuity - income from capital investment paid in a series of regular payments; "his retirement fund was set up to be paid as an annuity" regular payment - a payment made at regular times annuity in advance - an annuity paid in a series of more or less equal payments at the beginning of equally spaced periods; "rent payable in advance constitutes an annuity in advance for the landlord" ordinary annuity - an annuity paid in a series of more or less equal payments at the end of equally spaced periods tontine - an annuity scheme wherein participants share certain benefits and on the death of any participant his benefits are redistributed among the remaining participants; can run for a fixed period of time or until the death of all but

one participant

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That is very true, and, therefore, I do not know whether, upon the whole, it would not be more advisable to do something for their mother while she lives, rather than for them--something of theannuitykind I mean. Fairfax, the housekeeper, away to her friends at a distance; but he did it handsomely, for he settled anannuityon her for life: and she deserved it--she was a very good woman. David had bought anannuityfor himself with his money, I know,' said she, by and by. From the time of his settling in Alencon he had nobly admitted his poverty, saying that his whole fortune consisted in anannuityof six hundred francs a year, the sole remains of his former opulence,--a property which obliged him to see his man of business (who held theannuitypapers) quarterly. I had often heard him complain of the disproportion of his rank with his fortune; and I advised him to invest all he had in anannuity . She is not rich; she has only anannuityof twelve hundred francs, and it would be impossible for her to send me to school. the House had never been their own and their Fortune had only been anAnnuityon their own Lives. Jellyby, they were going to have their secretary's portrait painted and presented to his mother-in-law, whose deep devotion to him was well known, they were going to get up everything, I really believe, from five hundred thousand tracts to anannuityand from a marble monument to a silver tea-pot. But I shall not give up my Liberty for a dirtyannuity . But she refused, saying she could now afford to employ an assistant, and would continue the school till she could purchase anannuitysufficient to maintain her in comfortable lodgings; and, meantime, she would spend her vacations alternately with us and your sister, and should be quite contented if you were happy. It would have been worth a smallannuityto have beheld that; let alone Miss Price's evident joy at making them jealous, and Nicholas Nickleby's happy unconsciousness of making anybody uncomfortable. There were fortunes for the staff that never cost France a penny, and the Legion of Honor was as good as anannuityfor the rank and file; I still draw my pension on the strength of it.


Category: Annuity

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