an·nu·ity 
/əˈnu:əti, Brit əˈnju:əti/ noun
plural an·nu·ities /əˈnu:əti, Brit əˈnju:əti/ noun [count] 1 : a fixed amount of money that is paid to someone each year 2 : an insurance policy or an investment that pays someone a fixed amount of money each year
▪ Part of her retirement income will come from an annuity.
▪ Part of her retirement income will come from an annuity.
