/ˈæn.ju.ɪ.ti ˈsɜr.tən/ – Phrase
Definition: Loại hợp đồng trả tiền định kỳ trong một khoảng thời gian cụ thể.
A more throughout explanation: a type of investment where an investor pays an initial principal in return for cash payments over a specified period even if the annuitant (=investor) dies
Example: The projected loss of Karl’s earning capacity was based on a 15-year annuity certain (to age 65)