Meaning Accumulation units
What does Accumulation units mean? Here you find 6 meanings of the word Accumulation units. You can also add a definition of Accumulation units yourself
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Accumulation unitsThe mechanism used to account for the insured's deposits in a variable annuity contract during the premium paying period. The number of units purchased depends upon the current valuation of a uni [..]
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Accumulation unitsThese are issued to owners of variable annuities during the accumulation period, as evidence of the annuitants participation in the separate account.
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Accumulation unitsThe mechanism used to account for the Insured's deposits in a variable annuity contract during the premium paying period. The number of units purchased depends upon the current valuation of a uni [..]
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Accumulation unitsUnits in a collective investment scheme where any income is automatically reinvested into the scheme. See also income units.
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Accumulation unitsUnits in a collective investment scheme where any income is automatically reinvested into the scheme. See also income units.
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Accumulation unitsType of unit in a collective investment scheme where the income is reinvested automatically, thereby increasing the unit price. Active/passive management
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