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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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* 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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