Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun The annual payment of an allowance or income.
- noun The right to receive this payment or the obligation to make this payment.
- noun A contract or agreement by which one receives fixed payments on an investment for a lifetime or for a specified number of years.
from The Century Dictionary.
- noun The ligament which attaches the stapes to the rim of the fenestra ovalis.
- noun A periodical payment of money, amounting to a fixed sum in each year, the moneys paid being either a gift or in consideration of a gross sum received.
from the GNU version of the Collaborative International Dictionary of English.
- noun A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun A specified
income payable at stated intervals for a fixed or acontingent period, often for therecipient ’s life, in consideration of a stipulatedpremium paid either in prior installment payments or in a single payment. For example, a retirement annuity paid to apublic officer following his or herretirement . - noun The
right to receive such an income. - noun The
duty to make such a payment or payments.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun income from capital investment paid in a series of regular payments
Etymologies
from The American Heritage® Dictionary of the English Language, 4th Edition
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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WASHINGTON Reuters - Not too long ago, if you mentioned the word "annuity" to investors, their eyes glazed over.
unknown title 2011
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If an older person would drop $5K on something frivilous when they can't afford to just because they convince themselves they can afford to do it and really need it ... an annuity is a hell of a lot better situation than having the money easily available.
Inappropriate Annuities, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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I mean, yeah, if people die unexpectedly early then life insurance that pays an annuity is cheaper (for the insurer) than life insurance that pays a fixed benefit.
The "Cost" of Privatization, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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A variable annuity is like a nondeductible IRA without the $2,000 (then) contribution limit -- tax deferral allows pre-tax compounding of investment earnings which is finally taxed at ordinary rates when cashed out.
Inappropriate Annuities, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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Government-backed incentives, mandatory use of locally manufactured equipment and solar purchase obligations for utility companies have helped the Indian solar sector emerge as a safe bet as investors are assured of long-term annuity returns, said Yogesh Mathur , chief financial officer at Moser Baer Group.
Making Investments While the Sun Shines Divya Guha of Mint 2011
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I mean, yeah, if people die unexpectedly early then life insurance that pays an annuity is cheaper (for the insurer) than life insurance that pays a fixed benefit.
The "Cost" of Privatization, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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The problem with an annuity is that it creates taxable income.
Defending Social Security, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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Then, with the rest of your money, you could either buy a short-term annuity or make a short-term loan to one of your children, using the payments you get back to cover as much of your care costs as possible.
Inoculating Estates From Health Costs Kelly Greene 2010
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Then, with the rest of your money, you could either buy a short-term annuity or make a short-term loan to one of your children, using the payments you get back to cover as much of your care costs as possible.
Inoculating Estates From Health Costs Kelly Greene 2010
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Then, with the rest of your money, you could either buy a short-term annuity or make a short-term loan to one of your children, using the payments you get back to cover as much of your care costs as possible.
Inoculating Estates From Health Costs Kelly Greene 2010
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