different between pocketmoney vs annuity

pocketmoney

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annuity

English

Etymology

From French annuité, from Medieval Latin annuit?s, from Latin annuus (annual).

Pronunciation

  • IPA(key): /??n(j)u?ti/

Noun

annuity (plural annuities)

  1. (insurance, pensions) A right to receive amounts of money regularly over a certain fixed period, in perpetuity, or, especially, over the remaining life or lives of one or more beneficiaries.

Derived terms

  • annuitant
  • annuitize

Related terms

  • perpetuity

Translations

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