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Webster 1913 Edition


Annuity

An-nu′i-ty

,
Noun.
;
pl.
Annuities
.
[LL.
annuitas
, fr. L.
annus
year: cf. F.
annuité
.]
A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.

Webster 1828 Edition


Annuity

ANNU'ITY

,
Noun.
[See Annual.]
A sum of money, payable yearly, to continue for a given number of years, for life or for ever; an annual income, charged on the person of the grantor; or an annual allowance. Governments often borrow money upon annuities, that is, for a certain sum advanced on loan, the government contracts to pay the lender a specific sum, for life, or for a term of years. The stock created by such loans is transferable.

Definition 2024


annuity

annuity

English

Noun

annuity (plural annuities)

  1. 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.

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