1. to convert (a lump sum of money) into an annuity; to arrange for regular periodic payments from a capital sum
Usage: chiefly British English; American English typically uses 'annuitize'; finance/insurance term

Examples

• She decided to annuitise her pension savings to receive a steady income in retirement.
• The insurance company will annuitise your lump sum payment over 20 years.
• Many retirees choose to annuitise part of their inheritance for financial security.
• He annuitised his investment portfolio to generate monthly cash flow.
• The financial advisor recommended that they annuitise their savings gradually.