Salary vs Annuity - What's the difference?
salary | annuity |
A fixed amount of money paid to a worker, usually measured on a monthly or annual basis, not hourly, as wages. Implies a degree of professionalism and/or autonomy.
* Shakespeare
* 1668 July 3rd, , “Thomas Rue contra'' Andrew Hou?toun” in ''The Deci?ions of the Lords of Council & Se??ion I (Edinburgh, 1683),
To pay on the basis of a period of a week or longer, especially to convert from another form of compensation.
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 salary and annuity
is that salary is a fixed amount of money paid to a worker, usually measured on a monthly or annual basis, not hourly, as wages. Implies a degree of professionalism and/or autonomy 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 salary
is to pay on the basis of a period of a week or longer, especially to convert from another form of compensation.As an adjective salary
is saline.salary
English
Alternative forms
* (l) (obsolete)Noun
(salaries)- This is hire and salary , not revenge.
page 547
- Andrew Hou?toun'' and ''Adam Mu?het'', being Tack?men of the Excize, did Imploy ''Thomas Rue'' to be their Collector, and gave him a Sallary of 30. pound ''Sterling for a year.
