ANNUA PENSIONE Meaning and
Definition
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An annual pension, or "annua pensione" in Latin, refers to a fixed sum of money that is paid to an individual on a regular basis, typically on a yearly basis, for the duration of their life or a specified period. This payment is often provided as a form of financial support or retirement income by a government, employer, or institution, to ensure the recipient's financial stability and to meet their basic needs.
The term "annua pensione" can also be used to describe a contract or agreement made between an individual and a pension provider or insurer. In this context, the individual makes regular payments or contributions throughout their working years, and in return, they are promised a fixed sum of money as a retirement income once they reach a specific age or retire.
The annual pension can be funded through various means, such as contributions from the individual, contributions from the employer, investments, or a combination of these sources. The amount of the annual pension is typically determined based on factors such as the individual's earnings, years of service, and the terms of their pension scheme or plan.
In summary, "annua pensione" refers to a regular payment of money provided on an annual basis to an individual, either as a form of retirement income or financial support, usually for the duration of their life or a specified period.
Etymology of ANNUA PENSIONE
The term "annua pensione" is derived from Latin.
The word "annua" comes from the Latin word "annus", meaning "year". It is the feminine form of the word, denoting a yearly periodicity.
The word "pensione" comes from the Latin verb "pendere", meaning "to weigh" or "to pay". In Latin, "pensio" refers to a payment made, often on a regular basis.
When combined, "annua pensione" means "yearly payment" or "annual pension" in English.
