Synonyms for

Annuity

Verb / 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.

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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