annuity

Part of speech: noun

An annual allowance or income.

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Usage examples "annuity":

  1. To make ample amends, however, he has added to the premiums of 15 per cent in 1759, and three per cent in 1760, the annuity paid for them since their commencement; the fallacy of which is manifest; for the premiums in these cases can he neither more nor less than the additional capital for which the public stands engaged, and is just the same whether five or five hundred years' annuity has been paid for it. - "The Works of the Right Honourable Edmund Burke, Vol. I. (of 12)", Edmund Burke.
  2. At their death, her sole dependence was upon her brother, who allowed her a small annuity on her share of the property left by their father, and which remained in his hands. - "Abbotsford and Newstead Abbey", Washington Irving.
  3. The fact was that, having an eye to his own personal comfort and well- doing, he had sunk a nice little fortune, which he had inherited from a maiden aunt, in a handsome annuity. - "Amos Huntingdon", T.P. Wilson.