level premium

level premium
: one of a series of equal installments by which the premium on an insurance policy may be paid rather than in a lump sum

Useful english dictionary. 2012.

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Look at other dictionaries:

  • Level-Premium Insurance — A type of term life insurance for which the premiums remain the same throughout the duration of the contract. The premium paid on this type of policy will be higher at the beginning of its life but lower towards the end of its life as compared to …   Investment dictionary

  • level premium — A life insurance premium in the same amount from year to year, such amount being computed on the basis that mortality cost is less during the early years of the insurance and greater in later years. 29 Am J Rev ed Ins § 56. The level rate method… …   Ballentine's law dictionary

  • level rate — See level premium …   Ballentine's law dictionary

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  • Level-5 — Rechtsform Kabushiki gaisha (Aktiengesellschaft) Gründung Oktober 1998 Sitz …   Deutsch Wikipedia

  • Premium pricing — is the practice of keeping the price of a product or service artificially high in order to encourage favorable perceptions among buyers, based solely on the price.cite book | last = Gittings | first = Christopher | title = The Advertising… …   Wikipedia

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  • level factor amortization — Perhaps the best method of accounting for MBS premiums and discounts is the change in factor or level factor amortization method. Under the change in factor method, the amount of monthly premium amortization or discount accretion is calculated to …   Financial and business terms

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