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Meaning of “annuitant” in the English Dictionary

"annuitant" in Business English

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annuitantnoun [C]

uk   /əˈnjuːɪtənt/ us  
LAW someone who receives an annuity (= a fixed amount of money paid to someone every year, usually until their death): Yields are reduced for female policyholders because they are likely to live longer than male annuitants.
(Definition of annuitant from the Cambridge Business English Dictionary © Cambridge University Press)
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