Meaning POLICY LOAN: A loan often made at a below-market interest rate from an insurance company to a policyholder that is secured by the cash surrender value of a life insurance policy
More terms such as Policy loan in Dictionary P.
- Definition Par Value:
- Examples Also called the maturity value or face value; the amount that an issuer agrees to pay at the maturity date policy loan definition.
- Definition Probability Density Function:
- Examples The function that describes the change of certain realizations for a continuous random variable policy loan explain.
- Definition Pullback:
- Examples The downward reversal of a prolonged upward price trend policy loan what is.
- Definition Position Building:
- Examples Buying shares to build up a long position or selling shares to create a short position in a particular security or group of securities policy loan meaning.
- Definition Project Loan Securities:
- Examples Securities backed by a variety of FHA-insured loans-primarily multifamily apartment buildings, hospitals, and nursing homes policy loan abbreviation.
