[ uh-noo-i-tee, uh-nyoo- ]
/ əˈnu ɪ ti, əˈnyu- /

noun, plural an·nu·i·ties.

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.
the right to receive such an income, or the duty to make such a payment or payments.

Origin of annuity

1400–50; late Middle English < Anglo-French annuité, annualté < Medieval Latin annuitās, equivalent to Latin annu(us) yearly (derivative of annus year) + -itās -ity

Related forms

su·per·an·nu·i·ty, noun, plural su·per·an·nu·i·ties. Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for annuity

British Dictionary definitions for annuity


/ (əˈnjuːɪtɪ) /

noun plural -ties

a fixed sum payable at specified intervals, esp annually, over a period, such as the recipient's life, or in perpetuity, in return for a premium paid either in instalments or in a single payment
the right to receive or the duty to pay such a sum

Word Origin for annuity

C15: from French annuité, from Medieval Latin annuitās, from Latin annuus annual
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Culture definitions for annuity


[ (uh-nooh-uh-tee) ]

A sum of money payable yearly or at regular intervals.


Many people's retirement funds are set up to be paid in annuities.
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.