English: annuity

Welsh: blwydd-dal

Part of speech

Noun, Masculine, Singular

Plural

blwydd-daliadau

Definition

Swm sefydlog a delir yn rheolaidd dros nifer o flynyddoedd, yn aml tan farwolaeth y derbynnydd.

Context

The purposes authorised by section 25 of the Duchy of Lancaster Act 1817 (c. 97) for the application of moneys arising by such sale of annuities standing in the name or to the account of the Duchy of Lancaster as is mentioned in that section include the payment of any relevant expenditure.