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life annuity

American  

noun

Insurance.

  1. 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

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

From Time Magazine Archive

Some of the year's novelists managed, with the help of book clubs and cinemagnates, to earn a life annuity with a single book.

From Time Magazine Archive

The rest of his fortune was invested in a life annuity, so that his wife and children might be interested in keeping him alive.

From International Short Stories: French by Cheneviere, A.

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

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.