IPA: /ˈæn.ju.ɪ.tənt/
KK: /ˈæn.ju.ɪ.tənt/
A person who receives regular payments from an annuity, usually after retirement or as part of a financial agreement.
The annuitant will receive monthly payments for the rest of their life.
Annuitant → It is formed from "annuus" (from Latin, meaning yearly) and "-ant" (a suffix used to indicate a person who performs a specified action). An annuitant is a person who receives payments on a regular yearly basis, typically from an annuity.
Think of 'yearly' ('annuus') to remember that an 'annuitant' is someone who receives payments regularly, often every year.