Meaning of the word annuitant in English

What does annuitant mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

annuitant

UK

Noun

1.

someone who receives an annuity (= a fixed amount of money paid to someone every year, usually until their death):

Example:
Yields are reduced for female policyholders because they are likely to live longer than male annuitants.
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