What is the definition of Assumed interest rate? | Dictionary.net

ASSUMED INTEREST RATE

\ɐsˈuːmd ˈɪntɹəst ɹˈe͡ɪt], \ɐsˈuːmd ˈɪntɹəst ɹˈe‍ɪt], \ɐ_s_ˈuː_m_d ˈɪ_n_t_ɹ_ə_s_t ɹ_ˈeɪ_t]\

Definitions of ASSUMED INTEREST RATE

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

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The profit on a variable anniuty after the first income payment is taken out.

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

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