annuity
UK/ә'nju:iti/US
IELTSB2
Definitions
n.
A fixed sum of money paid to someone each year, often as a pension or investment income.
年金;每年定期支付的固定款项(常作养老金或投资收益)。
Root Breakdown
Root-derivedannu (year) + -ity (noun of state/thing) = 'a yearly thing,' specifically a yearly payment. An annuity is money you receive year after year — typically a pension or an insurance product that pays out a steady annual income.
Root ann still carries 9 more wordsCommon Collocations
- 1.fixed annuity固定年金
- 2.variable annuity变额年金
- 3.life annuity终身年金
- 4.buy an annuity购买年金
Example Sentences
- 1.
He bought an annuity to guarantee a steady income after retirement.
- 2.
The annuity pays out a fixed amount every year for life.
- 3.
Financial advisers often recommend annuities for retirees.