annuitize

verb

an·​nu·​i·​tize ə-ˈn(y)ü-ə-ˌtīz 

variants also British annuitise

annuitized; annuitizing; annuitizes

transitive + intransitive

: 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 noun

also British annuitisation

ə-ˌn(y)ü-ə-tə-ˈzā-shən 

Word History

Etymology

annuit(y) + -ize

First Known Use

1961, in the meaning defined above

Rhymes for annuitize

• actualize
• antagonize
• apologise
• apologize
• capitalize
• categorize
• characterize
• commercialize
• conceptualize
• contrariwise
• criminalize
• decentralize