Projected Dividend
Definition of "Projected dividend"
Estimated future dividends to be paid by a participating insurance policy. These dividend estimations cannot be part of the policy since they are not guaranteed. They are normally shown in a separate computer printout and are only as accurate as the basic interest rate assumptions made.
Popular Insurance Terms
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Contractual agreement between two parties in which they agree to exchange a stream of interest payments on either a fixed rate for a floating rate or a floating rate for a fixed rate. The ...
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