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annuitant

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an⋅nu⋅i⋅tant

  [uh-noo-i-tnt, uh-nyoo-]
Use annuitant in a Sentence
–noun
a person who receives an annuity.
Origin:
1710–20; annuit(y) + -ant
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To annuitant
Lincoln Financial Group
Info For Financial Professionals & Tools To Help With Client Needs.
www.LincolnFinancial.com
TIAA-CREF Annuities
Diversify Your TIAA-CREF Account with an After-Tax Annuity.
www.tiaa-cref.org/annuity
an·nu·i·tant   (ə-nōō'ĭ-tənt, ə-nyōō'-)   
n.  

  1. One that receives or is qualified to receive an annuity.

  2. An officially retired U.S. intelligence officer who is actually still on the government's payroll and is available for assignments.

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

Annuitant

1. A person who receives the benefits of an annuity or pension.

2. The person upon whom a life-insurance contract is based.

Investopedia Commentary

1. In other words, the annuitant is the beneficiary of an annuity or pension.

2. An annuitant can be the contract holder or someone else to whom the title was designated. Proceeds of the contract are given to the beneficiary upon the annuitant's death in order to protect the beneficiary from a loss of income.

Related Links

Anything But Ordinary: Calculating The Present And Future Value Of Annuities
Getting the Whole Story on Variable Annuities
Passing the Buck: The Hidden Costs of Annuities

See also: Annuity, Beneficiary, Contract Holder, Death Benefit, Life Insurance

Also spelled: anuitant

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Financial Dictionary

annuitant

The recipient of an annuity.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: an·nu·i·tant
Pronunciation: &-'nü-&-t&nt, -'nyü-
Function: noun
: a person entitled to receive benefits or payments from an annuity
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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MetLife Annuities
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