Accumulated Value
Barron's Insurance Dictionary:
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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.
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.
| Accumulated Amount, Accrued Interest, Accrued Benefit Cost Method | |
| Accumulation Benefits, Accumulation Period, Accumulation Unit |
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Barron's Insurance Dictionary
Dictionary of Insurance Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved.
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