Assumed interest rate


 

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Assumed interest rate

Rate of interest used by an insurance company to calculate the payout on an annuity contract.



Assumed interest rate

Similar Matches

Deferred interest bond

Deferred interest bond

A bond that pays interest at a later date, usually in one lump sum, effectively reinvesting interest earned over the life of the bond. See: Zero coupon bond.


Export financing interest

Export financing interest

Interest income derived from goods manufactured in the US and sold outside the US as long as not more than 50% of the value is imported into the US


Insurable interest

Insurable interest

A term which means that any person entering into an insurance contract must stand to lose financially following the loss or damage of an insured item, or an insured event. For example a person may insure his/her property and contents since a financial loss would be incurred if damage were to be sustained.


Any interest date

Any interest date

A call provision in a municipal bond indenture that establishes the right of redemption for the issuer on any interest payment due date.


Ordinary interest

Ordinary interest

Interest based on a 360-day year instead of a 365-day year, resulting in what can be a significant difference.


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