annuities

Meanings

• noun

  A series of payments made regularly, typically annual payments, for a fixed period or for the remainder of one's life.

  - "After retirement, John decided to purchase an annuity to secure a steady income."
  - "The annuity provided by the company paid out a monthly stipend to the retiree."

---

Variants

List of all variants of annuities that leads to same result
annuities , annuity

---

Etymology

origin and the way in which meanings have changed throughout history.

From Old French annuité, from annuer 'to pay annually'.

---

Trivia

Any details, considerations, events or pieces of information regarding the word

1. Annuities were first used in ancient Rome to provide a steady income for soldiers in retirement.

2. Annuities can be used to create a tax-deferred retirement savings plan.

3. Annuities can provide a guaranteed income stream for life, protecting against longevity risk.

---

Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Life Annuity: A type of annuity where payments are made for the remainder of the annuitant's life.

2. Immediate Annuity: An annuity that starts making payments as soon as the premium is paid.

3. Fixed Annuity: An annuity where the payments received are fixed and do not change.

4. Variable Annuity: An annuity where the payments received vary based on the performance of underlying investments.

---

Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Annuities have been a popular financial instrument for retirees and those seeking a steady income stream. They have been used extensively in insurance and pension planning.

How to Memorize "annuities"

1. visualize
   

   - Imagine a series of payments being made regularly, like a waterfall of income.

2. associate
   

   - Associate annuities with a steady income stream, retirement, or financial security.

3. mnemonics
   

   - Use the mnemonic 'Annuities Are Annual Income' to remember the definition.

---

Memorize "annuities" using Dictozo

The best and recommended way to memorize annuities is, by using Dictozo. Just save the word in Dictozo extension and let the app handle the rest. It enhances the memorization process in two ways:

1. Highlighting:

   Whenever users encounters the saved word on a webpage, Dictozo highlights it, drawing the user's attention and reinforcing memorization.
2. Periodic Reminders:

   Dictozo will send you periodic reminders to remind you the saved word, it will ask you quiz. These reminders could be in the form of notifications or emails, prompting users to recall and reinforce their knowledge.