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Index linked |
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Index linkedThe coupling of salaries and pensions etc to the retail price index in order to make sure that the income from them keeps pace with inflation.Similar MatchesUnit linked life assuranceUnit linked life assuranceSee : 'unit linked policy'. Principal Exchange Rated Linked Securities (PERLS)Principal Exchange Rated Linked Securities (PERLS)A debt instrument with its principal and interest denominated in U.S. dollars, but with principal repayment depending on the exchange rate of the U.S. dollar against a foreign currency. Unit linked whole of life assuranceUnit linked whole of life assuranceSee: 'whole life assurance'. Unit linked policyUnit linked policyA life assurance policy in which a portion of the premium(1) is used to purchase life cover (the sum assured) with the balance invested in an authorised unit trust/trusts. The return on the policy is thus linked to the performance of the units in the unit trust. Unit linked policies include single premium bonds or investment bonds, unit linked endowment assurance and unit linked whole life assurance.A pension plan in which members' contributions are used to purchase units in an authorised unit trust. Unit linkedUnit linkedSee: 'unit linked policy'. Further SuggestionsEquity linked EurobondsEquity linked mortgage Credit linked security index linked term assurance Equity linked policies unit linked endowment assurance index linked family income assurance Unit linked endowment |
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