What is another word for annuity?

1372 synonyms found


[ ɐnjˈuːɪti], [ ɐnjˈuːɪti], [ ɐ_n_j_ˈuː_ɪ_t_i]

An annuity is defined as a fixed sum of money paid out to an individual at regular intervals over a period of time. However, there are several other synonyms that can be used to describe this financial term, including pension, allowance, income, grant, stipend, and endowment. Each of these words can be used interchangeably with annuity to describe a fixed income stream that is paid out over a specific period of time. Regardless of which synonym is used, it is essential to understand the concept of annuities and the benefits they provide, such as stable income and long-term financial security.

Synonyms for Annuity:

How to use "Annuity" in context?

An annuity is a contract where an individual undertakes to pay a set amount of money each year, usually for the rest of their life. An annuity will often be purchased from an insurance company, pension company or life assurance company. Annuities have a number of important benefits, including the potential to help you meet your financial needs over the long term.

Annuities are often a good way to secure your retirement income. They provide a regular payment, which can help you get through difficult times. Plus, annuities provide a guaranteed income stream, no matter what happens to the stock or bond markets.

Paraphrases for Annuity:

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