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Accumulated Value

 
Insurance Dictionary: Accumulated Value

Total of the number of Accumulation Units times the Accumulation Unit Value for a Variable Annuity. Similar procedure is followed in the calculation of the current market value of a mutual fund found by multiplying the number of accumulation units times its net asset value.

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Insurance Dictionary. Dictionary of Insurance Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more