What is another word for annual payment?
Pronunciation: [ˈanjuːə͡l pˈe͡ɪmənt] (IPA) 
When it comes to regular payments, there are various synonyms for an "annual payment" that can be used depending on the context. Some of these synonyms include yearly payment, annual fee, recurring payment, subscription renewal, and annual dues. These phrases can refer to different payment structures, such as a yearly fee for a membership, an annual subscription fee for a service or product, or a recurring payment plan for a loan or lease. Understanding the various terms that can be used for an annual payment can help individuals and businesses better comprehend their financial obligations and make informed decisions about their payment plans.
