What is another word for annuity?
Pronunciation: [ɐnjˈuːɪti] (IPA) 
An annuity is defined as a fixed sum of money paid out to an individual at regular intervals over a period of time. However, there are several other synonyms that can be used to describe this financial term, including pension, allowance, income, grant, stipend, and endowment. Each of these words can be used interchangeably with annuity to describe a fixed income stream that is paid out over a specific period of time. Regardless of which synonym is used, it is essential to understand the concept of annuities and the benefits they provide, such as stable income and long-term financial security.
