Definition, Meaning & Synonyms
annuitant
noun
əˈnjuːɪtənt
Definition
A person who receives an annuity or income from a pension, usually upon retirement.
Examples
- As an annuitant, she enjoys a steady income from her retirement plan.
- Each annuitant receives a monthly payment based on their annuity contract.
- The financial advisor recommended various annuities for future annuitants.
Meaning
An annuitant is someone who is entitled to receive payments at regular intervals from an annuity, typically after contributing to a pension plan.
Synonyms
- pensioner
- retiree
- beneficiary
