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单词 reversionary bonus
释义

Definition of reversionary bonus in English:

reversionary bonus

noun
  • A sum added to the amount of an insurance policy payable at the maturation of the policy or the death of the person insured.

    Example sentencesExamples
    • But the chairman has cautioned that the continuous fall in long-term interest rates may lead to a fall on the quantum of reversionary bonuses that may be declared in the future.
    • By February 2002 the accumulated reversionary bonuses amounted to £11,069.
    • Once a reversionary bonus has been paid, it is locked into the policy.
    • The Policy Annuity Value of his policy attributable to the premiums paid and reversionary bonuses already declared was £20,867.67.
 
 
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更新时间:2025/1/9 9:34:36