annual dividend policy


annual dividend policy
A policy of life insurance upon which there is an annual distribution of dividend. 29 Am J Rev ed Ins § I 11.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • Annual Dividend - Insurance — In the insurance industry, a yearly payment given by an insurance company to a policyholder. Annual dividends are most commonly distributed in conjunction with life insurance and disability income insurance policies. Insurance companies may pay… …   Investment dictionary

  • annual dividend — Normally, corporate dividends are paid quarterly but in the infrequent case where they are paid annually, the dividend received is known as an annual dividend. The expression annual dividend is most frequently used in reference to dividends on… …   Ballentine's law dictionary

  • dividend policy — A most common form of life insurance policy issued under a plan whereby each policyholder pays annually in advance a fixed sum which, when added to like payments by others, probably will create a fund larger than necessary to meet all maturing… …   Ballentine's law dictionary

  • policy of insurance — The parlance of the insurance business, the contract between the insured and the insurer. State ex rel. Sheets v Pittsburgh, Cincinnati, Chicago & St. Louis Ry. Co. 68 Ohio St 9, 67 NE 93. The formal document in which a contract of insurance… …   Ballentine's law dictionary

  • Dividend — This article is about financial dividends. For dividends in arithmetic, see Division (mathematics). Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis  …   Wikipedia

  • dividend — a distribution of the profits of a company among its members or shareholders. Glossary of Business Terms A portion of a company s profit paid to common shareholders and preferred shareholders. A stock selling for $20 a share with an annual… …   Financial and business terms

  • Dividend — A dividend is a portion of a company s profit paid to common and preferred shareholders. A stock selling for $20 a share with an annual dividend of $1 a share yields the investor 5%. The New York Times Financial Glossary * * * dividend div‧i‧dend …   Financial and business terms

  • dividend — The distribution of current or accumulated earnings to the shareholders of a corporation pro rata based on the number of shares owned. Dividends are usually issued in cash. However, they may be issued in the form of stock or property. The… …   Black's law dictionary

  • dividend — The distribution of current or accumulated earnings to the shareholders of a corporation pro rata based on the number of shares owned. Dividends are usually issued in cash. However, they may be issued in the form of stock or property. The… …   Black's law dictionary

  • dividend — noun 1 payment on a company share ADJECTIVE ▪ big, high, large ▪ 10%, etc. ▪ total ▪ gross …   Collocations dictionary


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