Annuity

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

  • Annuity (finance theory): any terminating stream of fixed payments over a specified period of time
  • Life annuity: a financial contract providing payments for a person's lifetime
  • Annuity (US financial products)
  • Annuity (European financial arrangements)
  • Swiss Annuity

An annuity that has no definite end is called a perpetuity.