One that receives or is qualified to receive an annuity. (noun)
An officially retired U.S. intelligence officer who is actually still on the government's payroll and is available for assignments. (noun)
American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
Use "annuitant" in a sentence
"Among the practices at issue: investors paying terminally ill people to be named as the "annuitant" in the annuity, the person whose death triggers an often-valuable death benefit."
"The article detailed instances of investors paying terminally ill people to be named as the "annuitant," meaning their death would trigger the death benefit."
"Crucially for Mr. Caramadre, the plans also come with a guaranteed death benefit, in which the insurer generally agrees to repay at least the amount invested after the "annuitant" dies, even if markets have cratered and the invested sums have dwindled."