Rent vs Annuity - What's the difference?
rent | annuity |
A payment made by a tenant at intervals in order to occupy a property.
* , chapter=17
, title= A similar payment for the use of equipment or a service.
(economics) A profit from possession of a valuable right, as a restricted license to engage in a trade or business.
An object for which rent is charged or paid.
(obsolete) income; revenue
* Gower
* (Alexander Pope)
To occupy premises in exchange for rent.
To grant occupation in return for rent.
To obtain or have temporary possession of an object (e.g. a movie) in exchange for money.
To be leased or let for rent.
A tear or rip in some surface.
* 1913 ,
A division or schism.
(rend)
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.
As nouns the difference between rent and annuity
is that rent is a payment made by a tenant at intervals in order to occupy a property while 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.As a verb rent
is to occupy premises in exchange for rent.rent
English
Etymology 1
(etyl) rente, from .Noun
(en noun)The Mirror and the Lamp, passage=This time was most dreadful for Lilian. Thrown on her own resources and almost penniless, she maintained herself and paid the rent of a wretched room near the hospital by working as a charwoman, sempstress, anything.}}
- [Bacchus] a waster was and all his rent / In wine and bordel he dispent.
- So bought an annual rent or two, / And liv'd, just as you see I do.
Derived terms
* rental * renting * rent strikeVerb
(en verb)- The house rents for five hundred dollars a month.
Etymology 2
(etyl) . Variant form of renden.Noun
(en noun)- The brown paint on the door was so old that the naked wood showed between the rents .