annuity
an.nu.ity \*-'n(y)u:-*t-e-\ n [ME annuite, fr. MF annuite`, fr. ML annuitat-, annuitas)X, fr. L annuus yearly 1: an amount payable yearly or at other regular intervals 2: the right to receive or the obligation to pay an annuity
Webster's English Dictionaryan.nu.ity \*-'n(y)u:-*t-e-\ n [ME annuite, fr. MF annuite`, fr. ML annuitat-, annuitas)X, fr. L annuus yearly 1: an amount payable yearly or at other regular intervals 2: the right to receive or the obligation to pay an annuity