Fixed Allocation definition
Examples of Fixed Allocation in a sentence
Each Division and Fixed Allocation will be valued at the end of each Valuation Period on a Valuation Date.
It may apply if all or part of a Fixed Allocation is withdrawn, transferred, or applied to an Annuity Option prior to the end of the Guarantee Period.
GUARANTEE PERIOD - The period of years a rate of interest is guaranteed to be credited to a Fixed Allocation or allocations to a Guaranteed Interest Division.
The Class A Fixed Allocation with respect to the related Monthly Period.................
Fixed Allocations and Guaranteed Interest Divisions: Interest earned on a Fixed Allocation or Guaranteed Interest Division for the prior month, quarter or year (depending on the frequency selected).
An allocation from the Fixed Allocation may be subject to a Market Value Adjustment.
Any Conventional Partial Withdrawal is subject to a Market Value Adjustment unless withdrawn from a Fixed Allocation within 30 days prior to the Maturity Date.
For the Fixed Allocation method, the total percent allocation must equal 100 percent.
MARKET VALUE ADJUSTMENT - A positive or negative adjustment to a Fixed Allocation.
The Market Value Adjustment is applied to each Fixed Allocation separately.