How Do You Spell ANNUITIES?

Pronunciation: [ɐnjˈuːɪtɪz] (IPA)

Annuities is a financial term that refers to a series of payments made at fixed intervals over a certain period of time. The spelling of the word "Annuities" can be explained using the International Phonetic Alphabet or IPA. The word is pronounced as /əˈnjuːɪtiz/ with stress on the second syllable. The symbol /ə/ represents the unstressed schwa sound, /ˈnjuː/ represents the consonant cluster of "n" and "yoo" for the "new" sound, and /ɪtiz/ represents the final syllable with the sounds "it" and "iz" for the plural form.

ANNUITIES Meaning and Definition

1. Annuities refer to financial contracts or investments designed to provide individuals with a steady income stream for a specified period or for the rest of their lives. It is an agreement between an investor and an insurance company, where the investor makes a lump-sum payment or a series of regular contributions to the insurer, and in return, the insurer guarantees to pay a periodic income to the investor.

   The income payments from annuities can commence immediately or be deferred until a later date, depending on the type of annuity. There are several types of annuities, such as fixed annuities, variable annuities, indexed annuities, and immediate annuities, each with varying features, benefits, and risks.

   Fixed annuities offer a guaranteed rate of return, with the income payments being fixed and predetermined. Variable annuities, on the other hand, invest the accumulated funds in a range of investment options such as mutual funds, allowing the income stream to vary based on the performance of these investments. Indexed annuities offer a blend of fixed and variable features, with the income payments linked to the performance of an underlying index.

   Annuities are often used as a retirement income tool, providing individuals with a predictable income during their retirement years. They also offer tax advantages, as the growth within the annuity is tax-deferred until withdrawals are made. Annuities can be a way to achieve long-term financial goals and provide a sense of financial security, though it is essential for investors to thoroughly understand the specific terms and conditions of the annuity before making any commitments.

Top Common Misspellings for ANNUITIES *

• annuties 16%
• annuitites 16%
• annunities 16%
• annuitys 16%
• anuities 12%
• annuites 8%
• annuiities 8%

* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.

Other Common Misspellings for ANNUITIES

• amnities
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• amneities
• inquities
• anenities
• anemities
• annutities
• Annuaties
• anngitis
• cannities
• Annuailties
• Anquities
• annulites
• Onguities
• Intuities
• acquities
• tangueties
• annoother
• Bannulities
• annuitet

Etymology of ANNUITIES

The word "annuities" originated in the late 15th century and is derived from the Latin word "annuus", meaning "yearly" or "annual". The term refers to a financial product or contract that provides regular, fixed payments over a specified period, often for the duration of a person's life. The concept of annuities dates back to ancient Rome, where private citizens would make a one-time payment to the government in exchange for yearly stipends or annua. This arrangement allowed individuals to secure a steady income in their later years. Over time, the term "annuity" expanded to encompass similar financial arrangements in various forms, such as insurance and retirement plans.