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accumulation period |
Also found in: Financial, Acronyms | 0.06 sec. |
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accumulation period Health insurance The period during which an insured incurs eligible medical expenses to satisfy a deductible. See Deductible. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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* The investor is not subject to the 10% premature withdrawal
penalty, and the tax bracket during the accumulation period and at
distribution is 35%. The 2002-1 bonds were structured with a
12-month accumulation period and began funding the PFA in April 2006. Following a variable accumulation period,
principal is expected to be paid to class A certificateholders on the
July 2011 distribution date and to class B certificateholders one month
later. |
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