Annuity and Perpetuity

Annuity

An Annuity is any continuing payment with a fixed total annual amount. Annuity may refer to:

annuity n : income from capital investment paid in a series of regular payments; "his retirement fund was set up to be paid as an annuity" [syn: {rente}]

77 Moby Thesaurus words for "annuity": accident insurance, actuary, aid, alimony, allotment, allowance, assistance, assurance, aviation insurance, bail bond, bond, bounty, business life insurance, casualty insurance, certificate of insurance, court bond, credit insurance, credit life insurance, deductible, depletion allowance, dole, endowment insurance, family maintenance policy, fellowship, fidelity bond, fidelity insurance, financial assistance, flood insurance, fraternal insurance, government insurance, grant, grant-in-aid, guaranteed annual income, health insurance, help, industrial life insurance, insurance, insurance agent, insurance broker, insurance company, insurance man, insurance policy, interinsurance, liability insurance, license bond, limited payment insurance, major medical insurance, malpractice insurance, marine insurance, mutual company, ocean marine insurance, old-age insurance, pecuniary aid, pension, permit bond, policy, price support, public assistance, public welfare, relief, retirement benefits, robbery insurance, scholarship, social security, stipend, stock company, subsidization, subsidy, subvention, support, tax benefit, term insurance, theft insurance, underwriter, welfare, welfare aid, welfare payments

Annuity \An*nu"i*ty\, n.; pl. {Annuities}. [LL. annuitas, fr. L. annus year: cf. F. annuit['e].] A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance. [1913 Webster]

Perpetuity

A perpetuity is an annuity that has no end, or a stream of cash payments that continues forever. There are few actual perpetuities in existence (the United Kingdom (UK) government has issued them in the past; these are known and still trade as consols).

perpetuity n : the property of being perpetual (seemingly ceaseless) [syn: {sempiternity}]

94 Moby Thesaurus words for "perpetuity": abidingness, age, all-comprehensiveness, all-inclusiveness, antiquity, boundlessness, ceaselessness, chattering, constancy, constant flow, continualness, continuance, continuity, countlessness, defeat of time, defiance of time, distance, diuturnity, durability, durableness, duration, endlessness, endurance, eternity, exhaustlessness, extension, extent, forever, illimitability, immeasurability, immensity, incalculability, incessancy, incomprehensibility, inexhaustibility, infiniteness, infinitude, infinity, innumerability, interminability, lastingness, length, lengthiness, limitlessness, linear measures, long standing, long time, long-lastingness, long-livedness, longevity, longitude, longness, maintenance, measure, measurelessness, mileage, noninterruption, numberlessness, oscillation, overall length, perdurability, perennation, permanence, persistence, pulsation, quick fire, rapid fire, rapid recurrence, rapid succession, rapidity, reach, regularity, repetition, span, stability, staccato, standing, steadfastness, steadiness, stretch, stuttering, survival, survivance, sustainment, tattoo, termlessness, timelessness, unintermission, uninterruption, universality, unmeasurability, vibration, world without end, yardage

Perpetuity \Per`pe*tu"i*ty\, n. [L. perpetuitas: cf. F. perp['e]tuit['e].] 1. The quality or state of being perpetual; as, the perpetuity of laws. --Bacon. [1913 Webster] A path to perpetuity of fame. --Byron. [1913 Webster] The perpetuity of single emotion is insanity. --I. Taylor. [1913 Webster] 2. Something that is perpetual. --South. [1913 Webster] 3. Endless time. ``And yet we should, for perpetuity, go hence in debt.'' --Shak. [1913 Webster] 4. (Annuities) (a) The number of years in which the simple interest of any sum becomes equal to the principal. (b) The number of years' purchase to be given for an annuity to continue forever. (c) A perpetual annuity. [1913 Webster] 5. (Law) (a) Duration without limitations as to time. (b) The quality or condition of an estate by which it becomes inalienable, either perpetually or for a very long period; also, the estate itself so modified or perpetuated. [1913 Webster]

Data Sources:

  • annuity: WordNet (r) 2.0
  • annuity: Moby Thesaurus II by Grady Ward, 1.0
  • annuity: The Collaborative International Dictionary of English v.0.44
  • perpetuity: WordNet (r) 2.0
  • perpetuity: Moby Thesaurus II by Grady Ward, 1.0
  • perpetuity: The Collaborative International Dictionary of English v.0.44

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