What is the definition of Benefit allocation method? | Dictionary.net

BENEFIT ALLOCATION METHOD

\bˈɛnɪfˌɪt ˌaləkˈe͡ɪʃən mˈɛθəd], \bˈɛnɪfˌɪt ˌaləkˈe‍ɪʃən mˈɛθəd], \b_ˈɛ_n_ɪ_f_ˌɪ_t ˌa_l_ə_k_ˈeɪ_ʃ_ə_n m_ˈɛ_θ_ə_d]\

Definitions of BENEFIT ALLOCATION METHOD

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

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When a premium is paid once a year for a pension plan. It buys a single benefit. An annuity is purchased.

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

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