Terminal Bonus Financial Glossary
What is it? Additional bonus that may be paid when a claim arises under a with-profit policy, either at maturity or on death of the policyholder.Finance Term Definition Added By: Michael
The Terminal Bonus definition has been viewed 915 Time(s)!
Send To Friends!
If you'd like to send the Terminal Bonus definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Terminal Bonus. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Finance Terms:
Financial Term vintage CMO is A collateralized mortgage obligation (CMO) backed by seasoned mortgage securities.Financial Term The price is the investor will have to pay for the shares at maturity is the known as the strike price of the option. The investor can either buy the underlying shares when the option expires or can sell it in the secondary market before maturity at the prevailing market price.
Financial Term Title Search is An examination of the pertinent title records to ensure that the seller is the legal owner of a property, and that there are no liens or other claims pending against the property.
Financial Term Equity is Ownership interest in a firm.
Financial Term Standard Card is The basic credit card offered by issuers