annuity 1

noundomain: possession

Princeton WordNet [ver.3.1]

English

Definition

income from capital investment paid in a series of regular payments

Examples

1.his retirement fund was set up to be paid as an annuity

Synonyms

rente 1
income from capital investment paid in a series of regular payments

Hyponym

annuity in advance 1

noun

an annuity paid in a series of more or less equal payments at the beginning of equally spaced periods

ordinary annuity 1

noun

an annuity paid in a series of more or less equal payments at the end of equally spaced periods

reversionary annuity 1

noun

an annuity payable to one person in the event that someone else is unable to receive it

tontine 2

noun

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