Sentence examples for the annuity from inspiring English sources
noun
A right to receive amounts of money regularly over a certain fixed period, in perpetuity, or, especially, over the remaining life or lives of one or more beneficiaries.
That makes the annuity look valuable and the remainder look small.
The Annuity Approach The annuity approach advocates purchasing annuities and numerous other insurance products to theoretically guarantee a lifetime income stream and protection against future calamity.
Economists call this the "annuity puzzle".
Meanwhile, the annuity model has also failed.
If they liked it, they could keep the annuity.
The annuity purchase might occur at an unusually unfavourable moment.
In Australia, a similar arrangement has killed the annuity industry.
"The annuity buyer is safety conscious," he said.
Since the annuity company paid a commission to the broker who sold the annuity, there are also so-called surrender fees for taking your money out in the first five to 10 years of the annuity.
It may be more cost-effective to view the annuity as a pure insurance policy.
