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annuity

The correct spelling is annuity.

How to pronounce annuity

noun

IPA: /əˈn(j)uɪti/

Say it like: Ann-uit-ee

The correct spelling is annuity. 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.

Usage Examples

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Definition

noun

  1. 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.

Similar words

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