terminal reserve

terminal reserve
A reserve, appearing on the books of a life insurance company, maintained by it against its liability on a life insurance policy or annuity contract issued by it and outstanding.

Ballentine's law dictionary. . 1998.

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  • terminal reserve — Reserve Re*serve , n. [F. r[ e]serve.] 1. The act of reserving, or keeping back; reservation. [1913 Webster] However any one may concur in the general scheme, it is still with certain reserves and deviations. Addison. [1913 Webster] 2. That which …   The Collaborative International Dictionary of English

  • terminal reserve — noun : the reserve for an insurance policy at the close of a year after net premiums for the year have been received and death claims paid …   Useful english dictionary

  • Reserve — Re*serve , n. [F. r[ e]serve.] 1. The act of reserving, or keeping back; reservation. [1913 Webster] However any one may concur in the general scheme, it is still with certain reserves and deviations. Addison. [1913 Webster] 2. That which is… …   The Collaborative International Dictionary of English

  • reserve — Verb: To appropriate to a particular purpose. To exclude. To set aside. To set apart from that which has been granted. To make a reservation. Meigs v M Clung s Lessee (US) 9 Cranch 11, 17, 3 L Ed 639, 641. Noun: An organization of the Armed… …   Ballentine's law dictionary

  • Terminal (informatique) — Terminal informatique Pour les articles homonymes, voir Terminal. En informatique, un terminal désigne un ensemble de périphériques de sortie (écran...) ou d entrée (clavier, souris...), en quelque sorte l extrémité d un réseau. Avant l arrivée… …   Wikipédia en Français

  • Interpolated terminal reserve — The method used in valuing insurance policies for gift and estate tax purposes when the policies are not paid up at the time of their transfer …   Black's law dictionary

  • Interpolated terminal reserve — The method used in valuing insurance policies for gift and estate tax purposes when the policies are not paid up at the time of their transfer …   Black's law dictionary

  • initial reserve — Reserve Re*serve , n. [F. r[ e]serve.] 1. The act of reserving, or keeping back; reservation. [1913 Webster] However any one may concur in the general scheme, it is still with certain reserves and deviations. Addison. [1913 Webster] 2. That which …   The Collaborative International Dictionary of English

  • insurance reserve — Reserve Re*serve , n. [F. r[ e]serve.] 1. The act of reserving, or keeping back; reservation. [1913 Webster] However any one may concur in the general scheme, it is still with certain reserves and deviations. Addison. [1913 Webster] 2. That which …   The Collaborative International Dictionary of English

  • investment reserve — Reserve Re*serve , n. [F. r[ e]serve.] 1. The act of reserving, or keeping back; reservation. [1913 Webster] However any one may concur in the general scheme, it is still with certain reserves and deviations. Addison. [1913 Webster] 2. That which …   The Collaborative International Dictionary of English

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