annuity

BrE /ˈænɪti/ AmE /ˈænɪti/

noun en → es

1 FINANCE [singular] B2

a fixed amount of money that is paid regularly, usually every year, to someone for a set period or for life

renta anual, pensión vitalicia

  • receive/pay an annuity

Collocations annuity payment · lifetime annuity

  • She receives a small annuity from her father's estate.

    Ella recibe una pequeña renta de la herencia de su padre.

2 LEGAL [singular] C1

an agreement in which a person pays money to an insurance company, and the company agrees to pay them a regular amount of money for life or for a set period

contrato de renta vitalicia

  • buy/establish an annuity

Collocations annuity contract · retirement annuity

  • He established a retirement annuity with his savings.

    Él estableció una renta vitalicia para la jubilación con sus ahorros.