Annuities Meaning in English
word · lemma: annuity
Definition
Annuities are financial products or agreements where you pay money (often regularly), and in return, you receive payments at regular intervals, usually after retirement. These payments can last for a set period or for the rest of your life.
Usage & Nuances
"Annuities" is a formal, financial term, mainly used in banking, investment, and insurance contexts. Common collocations: "fixed annuities", "variable annuities", "purchase an annuity". Not to be confused with regular "pension" or "salary"; annuities involve a contractual or investment product.
Example Sentences
Many people buy annuities to have a steady income after they retire.
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Annuities pay out money at regular times, like every month or year.
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There are different types of annuities, such as fixed and variable.
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My parents rely on their annuities for most of their retirement income.
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He’s thinking about investing in annuities so he doesn’t have to worry about money later in life.
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If you want guaranteed payments in your later years, annuities might be a good choice.
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