endowment period

endowment period
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English-Russian insurance dictionary. 2014.

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  • endowment insurance — n: life insurance in which the benefit is paid to the policyowner if he or she is still living at the end of the policy s term (as 20 years) Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. endowment insurance …   Law dictionary

  • endowment policy — UK US noun [countable] [singular endowment policy plural endowment policies] a type of insurance policy that you pay money to for an agreed period. At the end of this time, the money that you have invested is used for paying a large amount of… …   Useful english dictionary

  • endowment mortgage — noun A form of mortgage in which the capital sum is repaid by the eventual proceeds from endowment assurance • • • Main Entry: ↑endow * * * endowment mortgage UK US noun [countable] [singular endowment mortgage …   Useful english dictionary

  • endowment policy — ☆ endowment policy n. an insurance policy by which a stated amount is paid to the insured after the period of time specified in the contract, or to the beneficiaries in case the insured dies within the time specified * * * …   Universalium

  • endowment policy — ☆ endowment policy n. an insurance policy by which a stated amount is paid to the insured after the period of time specified in the contract, or to the beneficiaries in case the insured dies within the time specified …   English World dictionary

  • Endowment (Latter Day Saints) — In Latter Day Saint theology, the Endowment usually refers to an ordinance or ritual that is performed in Latter Day Saint temples. The term may also refer more generally to any gift of “power from on high”, or more specifically to events of… …   Wikipedia

  • Endowment mortgage — An endowment mortgage is a mortgage loan arranged on an interest only basis where the capital is intended to be repaid by one or more (usually Low Cost) endowment policies. The phrase endowment mortgage is used mainly in the United Kingdom by… …   Wikipedia

  • endowment — Funds or property that are donated with either a temporary or permanent restriction as to the use of principal. American Banker Glossary Gift of money or property to a specified institution for a specified purpose. Bloomberg Financial Dictionary… …   Financial and business terms

  • endowment insurance — In modern terminology, a life insurance policy which provides for the payment of the proceeds of the policy at a stated time after the date of the instrument, sometimes 20, sometimes 30 or more years, but upon the death of the insured if it… …   Ballentine's law dictionary

  • endowment policy — A policy which combines investment with insurance and runs for a specific period. It builds up a cash value, generally on either a with profit or with unit linked basis and is paid out at the end of the policy term or when you die (whichever is… …   Financial and business terms

  • endowment — [[t]ɪnda͟ʊmənt[/t]] endowments 1) N COUNT An endowment is a gift of money that is made to an institution or community in order to provide it with an annual income. The company revived the finances of the Oxford Union with a generous ₤1m endowment …   English dictionary


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