| 单词 | open market option |
| 释义 | > as lemmasopen market option open market option n. the option to buy or sell insurance, etc., on the open market; (British) the option of selling a personal pension fund to another pension provider on retirement, so as to obtain a larger annuity. ΚΠ 1978 Times 6 July 6/8 A new clause [to the Finance Bill]..enabled a person with a life annuity contract with a life office to take the benefit and put it with another life office which offered rather better terms. It was known as the open market option. 1987 A. C. Cherin & R. C. Hutchins in Jrnl. Risk & Insurance 54 696 The IRR which equates the individually created investment stream resulting from the open market option to ULFE. 2000 Reader's Digest Oct. 176/2 (advt.) You can take your fund and shop around in the annuity market to see if you can get better terms. This is known as the ‘open market option’. < as lemmas |
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