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accumulation+of+interest

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  • Accumulation Option — A policy feature of permanent life insurance that allows policyholders to leave any dividends received with the insurer, where the dividends can earn interest. Accumulation options are the variety of options holders of participating life… …   Investment dictionary

  • accumulation — noun Date: 15th century 1. something that has accumulated or has been accumulated 2. the action or process of accumulating ; the state of being or having accumulated 3. increase or growth by addition especially when continuous or repeated …   New Collegiate Dictionary

  • accumulation — ac·cu·mu·la·tion n: increase or growth by addition esp. when continuous or repeated; specif: an increase in the amount of a fund or property by the continuous addition to it of the income or interest it generates to treat a stock dividend as… …   Law dictionary

  • accumulation and maintenance trust — A trust established under section 71 of the Inheritance Tax Act 1984 which has certain tax advantages where there are young children. The beneficiaries must generally attain an interest in the income or capital of the trust fund by the time they… …   Law dictionary

  • accumulation — [ə kyo͞om΄yo͞o lā′shən, ə kyo͞om΄yəlā′shən] n. 1. an accumulating or being accumulated; collection 2. accumulated or collected material; heap 3. the addition to capital of interest or profits …   English World dictionary

  • Accumulation function — The accumulation function a ( t ) is a function defined in terms of time t expressing the ratio of the value at time t (future value) and the initial investment (present value). It is used in interest theory. Thus a (0)=1 and the value at time t… …   Wikipedia

  • Accumulation Bond — A bond issued at an original issue discount (OID). This means that the interest accumulates but is not paid until maturity; there are no semi annual coupon payments as with most bonds. These bonds are also referred to as accrual bonds. As… …   Investment dictionary

  • Interest — For other uses, see Interest (disambiguation). Interest is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. It is most commonly the price paid for the use of borrowed money,[1] or money earned… …   Wikipedia

  • Accumulation Phase — 1. A period of time when an annuity investor is in the early stages of building up the cash value of the annuity. This is followed by the annuitization phase where payments are paid out to the annuitant. 2. The period of time when an investor… …   Investment dictionary

  • accumulation unit — Type of unit in a unit trust where the income is reinvested automatically, thereby increasing the price of the unit. * * * accumulation unit accumulation unit ➔ unit * * * accumulation unit UK US noun [C] FINANCE ► a share in an investment trust… …   Financial and business terms

  • Accumulation Area — A price range in which investors typically purchase shares of a particular stock. The accumulation area is determined by looking at the volume and its corresponding price. It appears as a rectangle with a price line bouncing up and down between… …   Investment dictionary

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