Certainly not; but if you observe, people always live for ever when there is an annuity to be paid them; and she is very stout and healthy, and hardly forty.
It has given me such an abhorrence of annuities, that I am sure I would not pin myself down to the payment of one for all the world.
An annuity is a very serious business; it comes over and over every year, and there is no getting rid of it.
And the bulk of your fortune would be laid out in annuities on the authors or their heirs.
I have known a great deal of the trouble of annuities; for my mother was clogged with the payment of three to old superannuated servants by my father’s will, and it is amazing how disagreeable she found it.
Twice every year these annuities were to be paid; and then there was the trouble of getting it to them; and then one of them was said to have died, and afterwards it turned out to be no such thing.
That is very true, and, therefore, I do not know whether, upon the whole, it would not be more advisable to do something for their mother while she lives, rather than for them—something of the annuity kind I mean.
I believe you are right, my love; it will be better that there should by no annuity in the case; whatever I may give them occasionally will be of far greater assistance than a yearly allowance, because they would only enlarge their style of living if they felt sure of a larger income, and would not be sixpence the richer for it at the end of the year.
There are no more uses of "annuity" in the book.
Show samples from other sources
The annuity does not increase with inflation.
The annuity is fixed and insured, but if the economy gets bad enough, the annuity can decrease.