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Definitions from the Web

Annuity

Noun:

A financial product that provides a fixed stream of income to an individual, typically after retirement.

Example sentence: John invested in an annuity to receive a steady income during his retirement years.

Noun:

A sum of money paid regularly at fixed intervals, especially as an allowance or income.

Example sentence: Sarah receives a monthly annuity from her deceased husband's life insurance policy.

Adjective:

Pertaining to an annuity or related to receiving a regular income.

Example sentence: The annuity payments provide Roger with a stable financial situation.

Verb:

To provide a fixed stream of income to an individual.

Example sentence: The company annuities its employees to ensure financial security after retirement.