annuity

noun

Stress: second syllable

Syllables: an-nu-i-ty (4)

English Definition

A fixed sum of money paid to someone each year, typically for the rest of their life.

Example Sentence

He invested his retirement savings in an annuity.

US IPA /Ι™Λˆnuːəti/
UK IPA /Ι™Λˆnjuːəti/