英语词汇“modified endowment contract”的翻译、意思、用法、释义-英汉经管词典

单词	modified endowment contract
释义	modified endowment contract Definition An endowment contract wherein the amount to be paid out after the endowment period is greater than the face value of the policy. The amount payable in the case of death is either the face value or the cash value, whichever is greater. This type of contract is taxable and subject to any penalties after tax.
随便看	an apprenticeship an archipelago anarcho-capitalism an array an artifact an assessment an asset an assumption a nation an attribute a natural monopoly an auction anchoring anchoring bias anchor tenant ancillary ancillary activity ancillary benefit ancillary probate ancillary revenue ancillary tenants AND Anderson-Darling normality test and interest andon board

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