Annuity

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Dictionary Meaning and Definition on 'Annuity'

Annuity Meaning and Definition from WordNet (r) 2.0
    annuity n : income from capital investment paid in a series of regular payments; "his retirement fund was set up to be paid as an annuity" [syn: rente]
Annuity Meaning and Definition from Webster's Revised Unabridged Dictionary (1913)
    Annuity \An*nu"i*ty\, n.; pl. Annuities. [LL. annuitas, fr. L. annus year: cf. F. annuit['e].] A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.
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Wikipedia Meaning and Definition on 'Annuity'


  • Annuity: Annuity may refer to: Annuity (finance theory) (distribution phase) any recurring payments. Life annuity : a financial contract providing ...
  • Life annuity: A life annuity is a financial contract in the form of an insurance product according to which a seller (issuer) — typically a financial ...
  • Annuity (finance theory): The term annuity is used in finance theory to refer to any terminating stream of fixed payments over a specified period of time. ...
  • Annuity (US financial products): In the U.S. an annuity contract is created when an insured party, usually an individual, pays the life insurance company a single premium ...
  • Annuity (European financial arrangements): An annuity can be defined as a contract which provides an income stream in return for an initial payment. Immediate annuity: immediate annuity ...
  • Equity-indexed annuity: An index annuity (the word equity previously tied to Indexed Annuities has been removed to help prevent the assumption of stock market ...
  • Indexed annuity: Annuities are a life insurance product which guards against the risk of outliving your income. There are three types of annuities: fixed, ...
  • Retirement annuity plan: A Retirement Annuity Plan (RAP) is a UK pension plan designed to build a lump sum for retirement. be used to buy an annuity and part can ...
  • Annuity function: Annuity Functions are mathematical function s frequently used by Actuarial science students in their introduction to the mathematics of ...

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