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Definitions of Annuity
Pronunciation : An*nu"i*ty
Part of Speech : n.; pl. Annuities.
Etymology : [LL. annuitas, fr. L. annus year: cf. F. annuit?.]
Definition : Defn: A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.

Source : Webster's Unabridged Dictionary, 1913

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