annuity — a fixed sum of money paid to someone each year, typically for the rest of their life
Part of speech: NOUN
Definition: a fixed sum of money paid to someone each year, typically for the rest of their life
Pronunciation (IPA): /əˈnuːəti/
Korean meaning: 연금, 매년 지급되는 일정한 금액
Korean pronunciation: 어**뉴**이티
Example Sentences
- My grandfather's annuity pays for his daily coffee addiction - $5 every single day!
- The lottery winner chose the annuity option to receive payments over 30 years.
- She jokes that her cat's expensive food budget needs its own annuity plan.
annuity
NOUN//əˈnuːəti//
a fixed sum of money paid to someone each year, typically for the rest of their life
An elderly woman receives her monthly annuity payment at the bank
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Annuity funds her ingenuity, enabling generous gratuity!
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Start for Free🎤Pronunciation
🌳Etymology
Origin
From Latin 'annus' meaning 'year', combined with the suffix '-ity' to form a noun. The word entered English through Old French and Medieval Latin, referring to a yearly payment or allowance.
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“My grandfather's annuity pays for his daily coffee addiction - $5 every single day!”
“The lottery winner chose the annuity option to receive payments over 30 years.”
“She jokes that her cat's expensive food budget needs its own annuity plan.”
“The university established an annuity fund for emeritus professors.”
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