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annuity

an·nu·i·ty

annuity

 
 
pronunciation:
nu ti
features:
Word Combinations (noun), Word Parts
part of speech: noun
inflections: annuities
definition 1: a regular annual income paid at fixed intervals and produced by money invested or by an insurance contract.
She received substantial yearly income from annuities.
similar words:
allowance
definition 2: a form of investment that produces a fixed annual income.
similar words:
allowance
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