Annuity

Type: Concept

As of November 2026, Annuity has been mentioned in one podcast episode on The Proven Podcast (Aug 2025).

In investment, an annuity is a series of payments of the same kind made at equal time intervals, usually over a finite term. Annuities are commonly issued by life insurance companies, where an individual pays a lump sum or a series of premiums in return for regular income payments, often to provide retirement or survivor benefits.