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Definition of Annuity
1. Noun. Income from capital investment paid in a series of regular payments. "His retirement fund was set up to be paid as an annuity"
Generic synonyms: Regular Payment
Specialized synonyms: Annuity In Advance, Ordinary Annuity, Reversionary Annuity, Survivorship Annuity, Tontine
Definition of Annuity
1. n. A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.
Definition of Annuity
1. Noun. 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. For example, a retirement annuity paid to a public officer following his or her retirement. ¹
2. Noun. The right to receive such an income. ¹
3. Noun. The duty to make such a payment or payments. ¹
¹ Source: wiktionary.com
Definition of Annuity
1. an allowance or income paid at regular intervals [n -TIES]
Lexicographical Neighbors of Annuity
Literary usage of Annuity
Below you will find example usage of this term as found in modern and/or classical literature:
1. Reports of Cases Argued and Determined in the High Court of Chancery: During by Great Britain Court of Chancery, Edward Thurlow Thurlow, Alexander Wedderburn Rosslyn, Jonathan Cogswell Perkins (1845)
"annuity, part of the price of an estate, for the life of the grantee, ... 17,
for the value of an annuity under the penalty of a bond forfeited, [p. 243. ..."
2. A General Abridgment of Law and Equity: Alphabetically Digested Under Proper by Charles Viner (1791)
"If a man grants an annuity, and after grants by another died, ... If annuity be
granted for life of y. N. and the grantee brings writ of annuity, and y. ..."
3. The Encyclopaedia Britannica: A Dictionary of Arts, Sciences, and General by Thomas Spencer Baynes (1888)
"When the value of any immediate annuity, calculated at a given rate of interest,
is known, the value of a sum payable one year after the last instalment of ..."
4. Encyclopaedia Britannica, a Dictionary of Arts, Sciences, Literature and edited by Hugh Chisholm (1910)
"In technical language an annuity is said to be payable for an assigned status,
... The magnitude of the annuity is the sum to be paid (and received) in the ..."
5. Commentaries on the Laws of England: In Four Books by William Blackstone, George Sharswood, Barron Field (1908)
"If an annuity (not charged on lands) be granted to a man and his heirs, ...
Some of the diversities between a rent and an annuity are thus laid down, ..."
6. Reports of Cases Argued and Determined in the Court of King's Bench: With by Great Britain Court of King's Bench, Richard Vaughan Barnewall, Cresswell Cresswell (1828)
"The same person being agent for the grantor of an annuity for the purpose of
procuring the money, and also for the grantee for the purpose of paying over ..."
7. Algebra: An Elementary Text Book for the Higher Classes of Secondary Schools by George Chrystal (1889)
"If the annuity be an immediate temporary annuity, that is, ... Then, according
as the annuity is or is not deferred, we have r=ao am= £ lm+r«7*» (4). r=l ..."
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