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annuitant

 

Definitions from WordNet

Noun annuitant has 1 sense
  1. annuitant - the recipient of an annuity
    --1 is a kind of
    recipient, receiver

Definitions from the Web

Term: Annuitant

Description:

An annuitant refers to a person or entity who receives regular payments from an annuity, a financial contract where a lump sum is invested to provide steady income over a specified period or for life. This term is commonly used in the context of financial planning and insurance.

Examples:

  1. Noun: The annuitant was delighted to receive their monthly check, which provided a stable source of income during retirement.
  2. Noun: As an annuitant, she relied on the annuity fund to support her daily expenses.
  3. Noun: The insurance company made sure to explain all the terms and conditions to the annuitant, ensuring they were informed about their annuity payments.
  4. Adjective: The annuitant community celebrated the increase in their annuity payments, providing them with a sense of financial security.
  5. Adjective: The annuitant policy offered a variety of options, allowing individuals to customize their annuity payments to fit their specific needs.
  6. Verb: After retiring, he decided to annuitize a portion of his savings, becoming an annuitant to secure a reliable income stream.
  7. Verb: The couple planned to annuitize their lottery winnings, making them annuitants to have lifetime financial stability.

For more information on annuities or to explore related products, you could visit Amazon's annuity product listings.

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