an·nu·ity /əˈnuəti, ˈnju-/
An·nu·i·ty n.; pl. Annuities A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.
n : income from capital investment paid in a series of regular
payments; "his retirement fund was set up to be paid as
an annuity" [syn: rente]