Meaning UNIVERSAL LIFE: A whole life insurance product whose investment component pays a competitive interest rate rather than the below-market crediting rate
More terms such as Universal life in Dictionary U.
- Definition Unlisted Trading:
- Examples Trading in unlisted securities that occurs on an organized exchange to accommodate members. This practice is not permitted at the NYSE universal life definition.
- Definition U.S. Treasury Note:
- Examples U.S. government debt with a maturity of one to 10 years universal life explain.
- Definition Unissued Stock:
- Examples Shares authorized in a corporation's charter, but not issued universal life what is.
- Definition Uncollectible Account:
- Examples An account which cannot be collected by a company because the customer is not able to pay or is unwilling to pay universal life meaning.
- Definition Underperform:
- Examples When a security is expected to, or does, appreciate at a slower rate than the overall market rate of performance universal life abbreviation.
