annuity

Meanings

• noun

  A series of equal payments made regularly, typically by an insurance company to a policyholder, or received by an investor.

  - "He received an annuity from the insurance company after retirement."
  - "She invested her savings in an annuity to secure her financial future."

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Rhymes

Words rhyming with annuity
unity , purity , infancy , majority

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Variants

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

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Etymology

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

From Old French annuité, from annuer 'to make known, announce', from an- 'to' + nouer 'to know'.

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Trivia

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

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

2. Annuities are regulated by the insurance industry and are subject to various regulations and guidelines.

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Related Concepts

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

1. Insurance: Annuities are a type of insurance product that provide a guaranteed income stream in retirement.

2. Retirement: Annuities are commonly used as a retirement savings vehicle.

3. Pension: Annuities are similar to pensions in that they provide a regular income stream.

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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 used as a financial instrument for centuries, providing individuals with a steady income stream during retirement. They are often used in conjunction with other retirement savings vehicles such as 401(k)s and IRAs.

How to Memorize "annuity"

1. visualize
   

   - Imagine a series of equal payments being made regularly.
   - Think of an insurance company making payments to a retiree.

2. associate
   

   - Associate the word 'annuity' with the idea of a steady income stream.
   - Think of annuity as a retirement savings vehicle.

3. mnemonics
   

   - Annuity = A steady income stream for me in retirement.

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