ClimateAugust 8, 2026

annuity

uh-NOO-ih-tee

Definition

A form of investment or asset that provides a fixed, reliable stream of income over a long, predictable period.

Etymology

Derived from the Medieval Latin 'annuitas,' meaning a yearly grant or payment, which itself comes from the Latin word 'annuus,' meaning yearly or annual.

In the news

Bulls use this term to describe Mitsui O.S.K. Lines' shifting business model, implying that the company is moving toward assets that generate stable, recurring revenue similar to long-term financial contracts.

Mitsui O.S.K. Lines (TSE:9104) Stock Can Revenue Strength Offset Margin Strain

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