an‧nu‧i‧ty /əˈnjuːəti, əˈnjuːɪti $ əˈnuː-/
noun (
plural annuities)
[countable][
Date: 1400-1500;
Language: French;
Origin: annuité, from Medieval Latin annuitas, from Latin annuus; ⇒ annual1]
a fixed amount of money that is paid each year to someone, usually until they die
[TahlilGaran] Dictionary of Contemporary English ▲