annuitant

/əˈnuɪtənt/
noun
  1. A person who receives an annuity, typically a regular payment from an insurance policy or investment.
    • As an annuitant, she receives a monthly check from her retirement fund.
    • He became an annuitant after purchasing a lifetime income plan.
    • The insurance company notified each annuitant of the new payment schedule.
What does "annuitant" mean? | whatsthatwordmean | whatsthatwordmean