as in subsidy
a sum of money allotted for a specific use by official or formal action
his grandfather's will provided him with an annuity of $5,000 a year to be used for school expenses
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Recent Examples of annuity
When less than the entire account is in an annuity and the account owner has to take RMDs, the RMD mandate doesn’t have to be satisfied separately for the annuity and non-annuity portions of the account.
—
Bob Carlson, Forbes, 24 Oct. 2024
Among a dozen knowledge areas measured in the school’s Retirement Income Literacy Study, the annuity ranked dead last.
—Daniel De Visé, USA TODAY, 11 Sep. 2024
Another hybrid pension option that could be an alternative for Boeing and the machinists is a variable annuity plan, where payouts are indexed to investment returns, making employers less exposed in the event of underperformance.
—Jeremy Bogaisky, Forbes, 26 Oct. 2024
The annuity, based on a percentage of the trust asset plus interest, can attract older adults looking for steady income.
—Medora Lee, USA TODAY, 25 Oct. 2024
See all Example Sentences for annuity 
Bob Carlson, Forbes, 24 Oct. 2024
Among a dozen knowledge areas measured in the school’s Retirement Income Literacy Study, the annuity ranked dead last.
—Daniel De Visé, USA TODAY, 11 Sep. 2024
Another hybrid pension option that could be an alternative for Boeing and the machinists is a variable annuity plan, where payouts are indexed to investment returns, making employers less exposed in the event of underperformance.
—Jeremy Bogaisky, Forbes, 26 Oct. 2024
The annuity, based on a percentage of the trust asset plus interest, can attract older adults looking for steady income.
—Medora Lee, USA TODAY, 25 Oct. 2024
See all Example Sentences for annuity
Recent Examples of Synonyms for annuity
Noun
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The president-elect has sharply criticized the electric vehicle industry and vowed to eliminate a subsidy made available to those who purchase an electric car.Max Zahn, ABC News, 20 Nov. 2024
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The village also currently incentivizes composting with a subsidy of $1.20 per pickup, around $6,300 annually which is used by around 350 residential property owners.Claudia Levens, Journal Sentinel, 16 Nov. 2024
Noun
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For Austin area districts, the grants are a small part of potentially bigger plans to shift the school bus fleet to greener technologies, which officials hope will be healthier for students and surrounding communities.Keri Heath, Austin American-Statesman, 22 Nov. 2024
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According to the bill, the treasury department will allocate Block grants to states for K-12 and postsecondary education.Arthur Jones II, ABC News, 21 Nov. 2024
Noun
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He will also be invited to create a capsule collection for ICICLE, and receive a fabric allotment from the Alliance for European Flax, Linen & Hemp, among other prizes.Tina Isaac-Goizé, Vogue, 13 Oct. 2024
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The Washington Examiner reported in September that the DEA, which is in charge of setting drug allotment quotas, has been largely uncooperative to congressional requests to alleviate the shortage.Elaine Mallon, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 27 Oct. 2024
Thesaurus Entries Near annuity
Cite this Entry
“Annuity.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/annuity. Accessed 1 Dec. 2024.
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