What does Annuitize mean?

Annuitize meaning in Finance Dictionary

The commencement of regular payments from money with gathered in an annuity.

Annuitize meaning in Law Dictionary

1. transforming the value in an annuity into payments occasionally made. 2. to start for repayments sporadically from an acuity agreement.

Annuitize meaning in Business Dictionary

1. To convert the accumulated worth in an annuity program into some periodic payments. 2. To begin to receive periodic payments from an acuity agreement.