/laɪf əˈnuɪtɪ/ – Phrase
Definition: niên kim suốt đời.
A more thorough explanation: A life annuity is a financial contract in which an individual pays a lump sum or a series of payments to an insurance company or other financial institution in exchange for regular payments that continue for the rest of the individual’s life.
Example: The plaintiff was awarded a life annuity in the settlement agreement, providing her with a fixed sum of money for the rest of her life.