[ uh-noo-i-tee, uh-nyoo- ]
/ əˈnu ɪ ti, əˈnyu- /

noun, plural an·nu·i·ties.

a specified income payable at stated intervals for a fixed or a contingent period, often for the recipient's life, in consideration of a stipulated premium paid either in prior installment payments or in a single payment.
the right to receive such an income, or the duty to make such a payment or payments.

Origin of annuity

1400–50; late Middle English < Anglo-French annuité, annualté < Medieval Latin annuitās, equivalent to Latin annu(us) yearly (derivative of annus year) + -itās -ity


su·per·an·nu·i·ty, noun, plural su·per·an·nu·i·ties.

Example sentences from the Web for annuity

British Dictionary definitions for annuity

/ (əˈnjuːɪtɪ) /

noun plural -ties

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
the right to receive or the duty to pay such a sum

Word Origin for annuity

C15: from French annuité, from Medieval Latin annuitās, from Latin annuus annual

Cultural definitions for annuity

[ (uh-nooh-uh-tee) ]

A sum of money payable yearly or at regular intervals.

notes for annuity

Many people's retirement funds are set up to be paid in annuities.