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Synonyms for

Annuity

Noun / ʌˈnu:ʌti: / / ʌˈnu:ɪti: / / ʌˈnju:ɪti: / Another word for annuity — explore alternatives below. For syllable breakdowns and pronunciation, see this word on Syllablesworld.

Definition

An annuity is a financial product that provides a fixed stream of payments to an individual for the rest of their life or a specified period.

Synonyms & similar words

rente pension stipend allowance subsidy grant endowment bond security insurance assurance guarantee surety indemnity compensation reparation

Synonyms by register

Formal

pension stipend allowance endowment

Antonyms

lump sum one-time payment single payout immediate disbursement

Common collocations

  • annuity payment
  • annuity contract
  • deferred annuity
  • immediate annuity
  • fixed annuity
  • variable annuity
  • lifetime annuity

Word family

noun annuity

Usage note

An annuity is a financial product that pays out a fixed stream of payments to the owner. It is often used for retirement planning.

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Example sentences

  1. My parents purchased an annuity for their retirement.
  2. An annuity can provide you with a guaranteed income stream.
  3. I will use my annuity to pay for my monthly expenses.
  4. She received a lump sum payment from her annuity.
  5. An annuity may be right for you if you want a guaranteed income in retirement.

Quotes

  • An annuity is a series of payments made at equal intervals. - Investopedia
  • An annuity is a long-term investment that is issued by an insurance company and designed to help protect you from the risk of outliving your income. - TIAA
  • An annuity can be a valuable tool for retirement planning, as it offers the potential for a guaranteed stream of income in retirement. - Forbes

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