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Age allowance
Age allowanceA term used in life assurance policy documents, indicating that the assured has proven his/her age by showing a birth certificate to the insurance company. RELATED TERMS-------------------------------------- Term The period of time during which a contract is in force. Policy Contract by which the insurer agrees to pay the insured a certain sum of money if or when certain stated events happen; plans determining a government or firm's actions. Certificate A formal document used to record a fact and used as proof of the fact, such as stock certificates, that evidence ownership of stock in a corporation. Insurance A contract in which payment of premiums covers the insured against something which may, or may not occur. Company A proprietorship, partnership, corporation, or other form of enterprise that engages in business. SIMILAR TERMS-------------------------------------- Age admitted Is a commodity market transaction whereby futures are exchanged or transferred against a cash position. PREVIOUS AND NEXT TERMS-------------------------------------- After-tax basis Refers to trading in the secondary market following a new securities issuance. After-tax profit margin The comparison basis used to analyze the net after-tax returns on a corporate taxable bond and a municipal tax-free bond. After-tax real rate of return The ratio of net income to net sales. Against actuals The after-tax rate of return minus the inflation rate. Age admitted Is a commodity market transaction whereby futures are exchanged or transferred against a cash position. Age allowance Aged fail An additional personal allowance and additional married couple's allowance for people aged 65 to 74 which reduces their income tax. Agency An account between two broker/dealers that remains intact 30 days after the settlement date. Agency bank In context of general equities, buying or selling for the account and risk of a customer. Agency basis A form of organization commonly used by foreign banks to enter the US market. An agency bank cannot accept deposits or extend loans in its own name; it acts as agent for the parent bank. Agency cost view A means of compensating the broker of a program trade solely on the basis of commission established through bids submitted by various brokerage firms. We thank you for using the Financial Dictionary to search for Age allowance. If you have a better definition for Age allowance than the one presented here, please let us know by making use of the suggest a term option. This definition of Age allowance may be disputed by other professionals. Our attempt is to provide easy definitions on Age allowance and any other medical topic for the public at large.
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