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стапка на учество

In equity-indexed annuities, a participation rate determines how much of the gain in the index will be credited to the annuity. For example, the insurance company may set the participation rate at 80%, which means the annuity would only be credited with 80% of the gain experienced by the index.

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  • Part of Speech: noun
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  • Industry/Domain: Insurance
  • Category: Life insurance
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