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Annuity vs Addition - What's the difference?

annuity | addition |

As nouns the difference between annuity and addition

is that annuity is a specified income payable at stated intervals for a fixed or a contingent period, often for the recipient’s life, in consideration of a stipulated premium paid either in prior installment payments or in a single payment for example, a retirement annuity paid to a public officer following his or her retirement while addition is addition.

annuity

Noun

(annuities)
  • A specified income payable at stated intervals for a fixed or a contingent period, often for the recipient’s life, in consideration of a stipulated premium paid either in prior installment payments or in a single payment. For example, a retirement annuity paid to a public officer following his or her retirement.
  • The right to receive such an income.
  • The duty to make such a payment or payments.
  • Derived terms

    * annuitant

    addition

    Noun

  • (uncountable) The act of adding anything.
  • The addition of five more items to the agenda will make the meeting unbearably long.
  • Anything that is added.
  • (uncountable) The arithmetic operation of adding.
  • (music) A dot at the right side of a note as an indication that its sound is to be lengthened one half.
  • (legal) A title annexed to a person's name to identify him or her more precisely, as in "John Doe, Esq'.", "Robert Dale, '''Mason'''", "Thomas Way, ' of New York ".
  • (heraldry) Something added to a coat of arms, as a mark of honour; opposed to abatement.
  • See also

    * addition, summation: (augend) + (addend) = (summand) + (summand) = (sum, total) * subtraction: (minuend) ? (subtrahend) = (difference) * multiplication: (multiplier) × (multiplicand) = (factor) × (factor) = (product) * division: (dividend) ÷ (divisor) = (quotient), remainder left over if divisor does not divide dividend

    Synonyms

    * (act of adding) adding, annexation, inclusion * (thing added) extra

    Antonyms

    * reduction

    See also

    * plus sign ()

    References

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