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accumulation period

   Also found in: Financial, Acronyms 0.01 sec.
accumulation period
Health insurance The period during which an insured incurs eligible medical expenses to satisfy a deductible. See Deductible.


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Old Mutual Financial Network introduced OM Income Advantage, which offers up to two 10-year accumulation periods currently offering 4% or 6% roll-ups, the ability to restart a roll-up period, and the flexibility to stop and start income payments at any time during the withdrawal period.
Friday is the deadline for the reserve accumulation period.
Wednesday is the first day of the monthly accumulation period during which banks must have a required amount of reserves with the central bank.
 
 
 
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