Meaning Conversion allowance
What does Conversion allowance mean? Here you find 3 meanings of the word Conversion allowance. You can also add a definition of Conversion allowance yourself
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Conversion allowanceA credit the insurance company provides when converting a term life insurance policy to a permanent policy. In many instances, it can also help build the initial cash value amount in the new permanent policy.
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Conversion allowanceMoney that a manufacturer pays to cover a wholesaler's costs for a change in a product's package size or design. See slotting allowance.
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Conversion allowanceCompensation made by employer to employee for swapping his job
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