What is the definition of Accumulation option? | Dictionary.net

ACCUMULATION OPTION

\ɐkjˌuːmjʊlˈe͡ɪʃən ˈɒpʃən], \ɐkjˌuːmjʊlˈe‍ɪʃən ˈɒpʃən], \ɐ_k_j_ˌuː_m_j_ʊ_l_ˈeɪ_ʃ_ə_n ˈɒ_p_ʃ_ə_n]\

Definitions of ACCUMULATION OPTION

1910 - Black's Law Dictionary (2nd edition)

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LIfe insurance clause that gives dividends growth to cover interest. AKA accumulation at interest point.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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