annuitant

[əˈnjuːɪtənt]

annuitant Definition

a person who receives an annuity.

Using annuitant: Examples

Take a moment to familiarize yourself with how "annuitant" can be used in various situations through the following examples!

  • Example

    The annuitant receives a fixed sum of money every month.

  • Example

    The insurance company pays the annuitant a regular income for life.

Origins of annuitant

from Latin 'annuere', meaning 'to approve'

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Summary: annuitant in Brief

'Annuitant' [əˈnjuːɪtənt] refers to a person who receives an annuity, which is a fixed sum of money paid at regular intervals. Examples include receiving a regular income for life from an insurance company. There are no idioms or phrases associated with this word.