Meaning SAVINGS ELEMENT: Used in the context of life insurance, the cash value built up in a policy, which equals the amount of premium paid minus the cost of protection. This excess is invested by the insurance company, and the returns are tax-deferred inside the policy
More terms such as Savings element in Dictionary S.
- Definition Sustainable Growth Rate:
- Examples Maximum rate of growth a firm can sustain without increasing financial leverage savings element definition.
- Definition Serial Redemption:
- Examples The redemption of a serial bond savings element explain.
- Definition Specific Issues Market:
- Examples The market in which dealers reverse in securities they wish to short savings element what is.
- Definition State Bank:
- Examples A bank authorized in a specific state by a state-based charter, with generally the same functions as a national bank savings element meaning.
- Definition Speculative Motive:
- Examples A desire to hold cash in order to be poised to exploit any attractive investment opportunity requiring a cash expenditure that might arise savings element abbreviation.
