/ˈæn.ju.ɪ.ti fɔr ˌɛdʒ.əˈkeɪ.ʃən/ – Phrase
Definition: niên kim đảm bảo quyền lợi học tập của người thụ hưởng.
A more thorough explanation: An annuity is a financial product that provides a series of payments at regular intervals, typically monthly or annually, for a specified period of time or for the lifetime of the recipient. Annuities are often used as a form of investment or retirement income, and can be purchased from insurance companies or other financial institutions.
Example: The parents set up an annuity for their child’s education expenses, ensuring that funds would be available for tuition and other educational costs in the future.