| The American Heritage® Dictionary of the English Language: Fourth Edition. 2000. |
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| annuity |
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| SYLLABICATION: | an·nu·i·ty |
| PRONUNCIATION: |   -n   -t , -ny- |
| NOUN: | Inflected forms: pl. an·nu·i·ties
1a. The annual payment of an allowance or income. b. The right to receive this payment or the obligation to make this payment. 2. A contract or agreement by which one receives fixed payments on an investment for a lifetime or for a specified number of years. | | ETYMOLOGY: | Middle English annuite, from Anglo-Norman, from Medieval Latin annuit s, from Latin annuus, yearly, from annus, year. See at- in Appendix I.
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| The American Heritage® Dictionary of the English Language, Fourth Edition. Copyright © 2000 by Houghton Mifflin Company. Published by the Houghton Mifflin Company. All rights reserved. |
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