Meaning PAID-UP POLICY: A life insurance policy in which all premiums that are due have been paid
More terms such as Paid-up policy in Dictionary P.
- Definition Purchase Loan:
- Examples A consumer loan taken to finance a purchase paid-up policy definition.
- Definition Par Bond:
- Examples A bond trading at its face value paid-up policy explain.
- Definition Participating Preferred Stock:
- Examples Preferred stock that provides the holder with a specified dividend plus the right to additional earnings under specified conditions paid-up policy what is.
- Definition Price Spread:
- Examples An options strategy that involves buying and selling two options on the same security with the same expiration month, but with different exercise prices paid-up policy meaning.
- Definition Payoff Diagram:
- Examples In option pricing, a graph of the value of the option position at expiration as a function of the underlying asset price paid-up policy abbreviation.