annuity

[/əˈnjuːɪti/]
nounfemininepl: annuities / anuidades
anuidade
1. A fixed sum of money paid to someone each year, typically for the rest of their life
She received an annuity from her retirement fund.
Ela recebeu uma anuidade de seu fundo de aposentadoria.
2. A form of insurance or investment entitling the investor to a series of annual sums
He purchased an annuity to ensure stable income in retirement.
Ele comprou uma anuidade para garantir renda estável na aposentadoria.
3. In finance, a product that provides periodic payments in exchange for an initial investment
The insurance company sold her a fixed annuity with guaranteed returns.
A companhia de seguros vendeu a ela uma anuidade fixa com retornos garantidos.
In Brazil and the USA, annuities are important retirement planning tools. Brazilian financial institutions heavily promote annuities as part of complementary pension plans (PGBL and VGBL). In the USA, annuities are popular products for those seeking predictable retirement income, though they have become more controversial due to high fees and complexity.
Synonyms / Sinônimos
pensionincome streamregular paymentallowance
Antonyms / Antônimos
lump sumone-time payment

Regional Variations

General Brazilian Portuguese
anuidade
Standard financial term used in banks and insurance companies
Rio de Janeiro
anuidade
Same as general Brazilian usage
São Paulo
anuidade
Commonly used in financial districts; sometimes 'renda vitalícia' for life annuity
Portugal
anuidade
Same translation; 'renda vitalícia' also used for lifetime payments

Related Words

pensioninvestmentretirementinsuranceincomeannuitantdeferred annuityimmediate annuity

Related Idioms & Phrases

retire on an annuity
guaranteed income annuity
annuity ladder
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