Meaning terminal bonus
What does terminal bonus mean? Here you find 5 meanings of the word terminal bonus. You can also add a definition of terminal bonus yourself
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terminal bonusDefinition noun
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terminal bonusThe bonus paid when a with profits insurance policy matures. Such a bonus is customary but not guaranteed.
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terminal bonusAdditional bonus which may be paid when a claim arises under a with-profit policy, either at maturity or on death of the policyholder.
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terminal bonusA one-time bonus paid on maturity of a with-profit plan.
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terminal bonusSee final bonus
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| << term sheet | terminal capitalization rate >> |
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