Synonyms of annuity

annuity

noun

ə-ˈnü-ə-tē 

as in subsidy

a sum of money allotted for a specific use by official or formal action

his grandfather's will provided him with an annuity of $5,000 a year to be used for school expenses

Synonyms & Similar Words

• subsidy
• grant
• allotment
• appropriation
• allocation
• assistance
• allowance
• entitlement
• endowment
• fund
• subvention
• aid
• bequest
• benefit
• state aid
• block grant
• trust fund
• foreign aid
• relief
• set-aside
• legacy
• grant-in-aid
• stipend
• advance
• trust

Example Sentences

Recent Examples of annuity

Mega Millions and Powerball jackpot winners can decide on cash or annuity payment within 60 days after becoming entitled to the prize. — Staff Reports, The Providence Journal, 4 July 2026

Like his initial contract, the new one was to pay him $440,000 a year and also provided a $50,000 annual payment into a retirement annuity. — Howard Blume, Los Angeles Times, 28 June 2026

An option Kolluri and his fellow researchers found that resonates with near-retirees is the ability to convert 401(k) money into a type of annuity that automatically provides lifetime income. — Medora Lee, USA Today, 24 June 2026

Just 22% of California households are receiving retirement income, such as pensions, annuities or retirement account distributions, the analysis found. — Don Sweeney, Sacbee.com, 17 June 2026