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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

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

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

From Time Magazine Archive

Should he then be incapacitated from further work, he had the option of either receiving a life annuity or one-half the payments made by him while a subscriber.

From Speeches and Addresses of H. R. H. the Prince of Wales: 1863-1888 by VII, Edward