verb
- to convert into or arrange as an annuity; to settle an annuity upon someone
Usage: chiefly British spelling (American: annuitizes); third-person singular present tense
Examples
- The insurance company annuitises the lump sum payment over the client's lifetime.
- She decided to annuitises her inheritance to ensure steady income.
- The pension plan annuitises benefits for retirees at age 65.
- He annuitises a portion of his savings each year for retirement security.