- dividend addition
- A term usually applied to paid-up insurance purchased by a dividend, but at other times understood to mean dividends. 29 Am J1st Ins § 648. See paid-up addition.
Ballentine's law dictionary. Anderson, W.S.. 1998.
dividend addition
Look at other dictionaries:
dividend addition — n. A dividend added to the face value of an insurance policy. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 … Law dictionary
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dividend on insurance policy — A payment made by an insurance company to policyholders from the surplus of the company, either in cash, by way of credit on the premium, or by applying it to the purchase of paid up insurance called a dividend addition. 29 Am J Rev ed Ins § 110 … Ballentine's law dictionary
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addition — [n1] process of conjoining, adding accession, adding, adjoining, affixing, annexation, attachment, augmentation, enlargement, extension, inclusion, increasing; concepts 236,245 Ant. decrease, deduction, lessening, loss, reduction, shrinkage,… … New thesaurus
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
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