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life annuity

American

noun

Insurance.

any annuity that is contingent upon the survival of the annuitant or annuitants, especially an annuity that terminates with the death of a single annuitant.

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

However, your parents may also have set up a life annuity.

From Salon • Mar. 24, 2026

Fortunately, most U.S. investors have access to one life annuity that is actually adjusted for inflation: Social Security.

From MarketWatch • Mar. 24, 2026

He sold it to the Victor for �100. in 1921, the Company awarded him a life annuity.

From Time Magazine Archive

To his divorced wife, Mrs. Mary Cannan, he left �1,000 and a life annuity of �600.

From Time Magazine Archive

With this sum he purchased a life annuity of five hundred pounds, which, as Lord Chesterfield writes, "became the foundation of his subsequent fortune."

From Royalty Restored by Molloy, J. Fitzgerald (Joseph Fitzgerald)

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023