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Savings element

The financial definition for Savings element:

Used in the context of life insurance, the cash value built up in a policy, which equals the amount of premium paid minus the cost of protection. This excess is invested by the insurance company, and the returns are tax-deferred inside the policy.




Similar Matches

Bonds Enabling Annual Retirement Savings (BEARS)

Bonds Enabling Annual Retirement Savings (BEARS)
Holders of BEARS receive the face value of bonds underlying call option, which are exercised by CUBS (an acronym for Calls Underwritten by Swanbrook). If the calls are exercised by CUBS, BEARS holders receive the total of the exercise price.


Federal Savings and Loan Association

Federal Savings and Loan Association
An institution chartered by the federal government whose primary function is to collect savings deposits and to provide mortgage loans.


Financing Cost Savings

Financing Cost Savings
A source of competitive advantage that depends on access to low cost sources of capital.


Further Suggestions

Mutual savings bank
Registered Retirement Savings Plan (RRSP)
Savings and loan association
Savings Association Insurance Fund (SAIF)
Savings bank
Savings bond
Savings deposits


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Savings element
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