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

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“Annuity.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/annuity. Accessed 20 Jun. 2024.

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