annuitize

play
verb, transitive + intransitive an·nu·i·tize \ə-ˈn(y)ü-ə-ˌtīz\

Definition of annuitize

  1. :  to convert an amount of money (such as an accumulation of retirement savings) to an annuity < … the standard advice is to annuitize the portion of your nest egg you'll need to cover living expenses … — Scott Woolley>

annuitization

also British

annuitisation

play \ə-ˌn(y)ü-ə-tə-ˈzā-shən\ noun

Variants of annuitize

also British

annuitise

Origin and Etymology of annuitize

annuit(y) + -ize


First Known Use: 1786


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