Terminal bonus

 

Home
Site Map
Add Term
Search
About Us
Contributors

Terminal bonus

This is a bonus paid at the end of an endowment mortgage and often depends of the performance of the investment fund you are using to repay your mortgage.

Terminal bonus

An additional bonus paid to reflect the overall performance of a with profits life assurance policy at maturity or prior death of the life assured. See 'reversionary bonus'.





 
All rights Reserved. Do not copy without permission.