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Annuity vs Annual - What's the difference?

annuity | annual |

As nouns the difference between annuity and annual

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 annual is an annual publication; a book, periodical, journal, report, comic book, yearbook, etc., which is published serially once a year, which may or may not be in addition to regular weekly or monthly publication.

As an adjective annual is

happening once every year.

annuity

English

(wikipedia 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

    Related terms

    * perpetuity

    annual

    English

    Adjective

    (-)
  • Happening once every year.
  • * {{quote-magazine, date=2013-06-29, volume=407, issue=8842, page=29, magazine=(The Economist)
    • , title= Unspontaneous combustion , passage=Since the mid-1980s, when Indonesia first began to clear its bountiful forests on an industrial scale in favour of lucrative palm-oil plantations, “haze” has become an almost annual occurrence in South-East Asia. The cheapest way to clear logged woodland is to burn it, producing an acrid cloud of foul white smoke that, carried by the wind, can cover hundreds, or even thousands, of square miles.}}
  • Of, for, or relating to a whole year, often as a recurring cycle; determined or reckoned by the year; accumulating in the course of a year; performed, executed, or completed over the course of a year. See also circannual.
  • (botany, of a plant) Having a life cycle that is completed in only one growing season; e.g. beans, corn, marigold. See in Wikipedia. Compare biennial, perennial.
  • (entomology) Living or lasting just one season or year, as certain insects or insect colonies.

    • Synonyms

    * yearly

    Derived terms

    * * * * * * * * * *

    Related terms

    () * biennial * perennial

    See also

    * per annum

    Noun

    (en noun)
  • An ; a book, periodical, journal, report, comic book, yearbook, etc., which is published serially once a year, which may or may not be in addition to regular weekly or monthly publication.
    • ''I read the magazine, but I usually don't purchase the annuals .
  • (botany) An ; a plant with a life span of just one growing season; a plant which naturally germinates, flowers and dies in one year. Compare biennial, perennial.
    • I can't wait to plant my annuals in the spring.