You are looking at 1-9 of 9 entries
View:
- no detail
- some detail
- full detail
asset-backed fund
A fund in which the money is invested in tangible or corporate assets, such as property or shares, rather than being treated as savings loaned to a bank or other institution. Asset-backed funds can ...
equity-linked policy
An insurance or assurance policy in which a proportion of the premiums paid are invested in equities. The surrender value of the policy is therefore the selling price of the equities purchased; as ...
life assurance
An insurance policy that pays a specified amount of money on the death of the life assured or, in the case of an endowment assurance policy, on the death of the life assured or at the end of an ...
managed fund
A fund, made up of investments in a wide range of financial obligations, that is actively managed by a life-assurance company to provide low risk investments for the smaller investor, usually in the ...
unit trust
1 In the UK, a trust formed to manage an investment portfolio, in which a large number of different investors can buy units. This gives the small investor access to a diversified portfolio of ...
unit-linked (UK) Reference library
The Handbook of International Financial Terms
A financial arrangement the performance of which is connected to a unit trust. Usually found in certain types of
variable life assurance
A unit-linked policy in which the policyholder can vary the amount of life assurance cover provided.
whole life policy
A life-assurance policy that pays a specified amount on the death of the life assured. Benefits are not made for any other reason and the cover continues until the death of the life assured, provided ...
with-profits policy
A life-assurance or pension policy that has additional amounts added to the sum assured, as a result of a profit made on the investment of the fund or funds of the life-assurance office in which the ...
View:
- no detail
- some detail
- full detail
