annuitize
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verb, transitive + intransitive
an·nu·i·tize
\ə-ˈn(y)ü-ə-ˌtīz\
variants: also British
annuitise
Definition of annuitize
: 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
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