Market Value Adjustment (MVA) definition

Market Value Adjustment (MVA) means a positive or negative adjustment applied to the fixed income asset proxy or strategy value in order to reflect an increase or decrease in the value of fixed income assets held by the company supporting the ILVA;
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Market Value Adjustment (MVA) means the amount calculated as below and deducted from the balance in the Policyholder’s Account:
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Market Value Adjustment (MVA) means the positive or negative change in the value you receive if you surrender your contract.
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Examples of Market Value Adjustment (MVA) in a sentence

  • The Account Value plus or minus the aggregate Market Value Adjustment (MVA), if applicable, for the amount(s) allocated to the Guaranteed Account (see Section III - Market Value Adjustment).

  • The Account Value plus or minus the aggregate Market Value Adjustment (MVA), if applicable, for the amount(s) allocated to the Fixed Account (SEE SECTION III - MARKET VALUE ADJUSTMENT).

  • Transfers from the Fixed Account may take place thirty (30) days following the end of a Guarantee Period without being subject to Market Value Adjustment (MVA).

  • If you move money out before the end of a Guaranteed Period, either as a transfer, withdrawal, or to purchase annuity payments, there will be a Market Value Adjustment (MVA).

  • Any withdrawal (which for purposes of this section includes transfers, surrenders, or amounts applied to purchase an annuity) from the Fixed Account, other than a withdrawal effective within 15 days before or after the Expiration Date of a Guarantee Period, will be subject to a Market Value Adjustment ("MVA").

  • MARKET VALUE ADJUSTMENT A Market Value Adjustment (MVA) will be applied to Excess Partial Withdrawals, Surrenders and Accumulation Value applied to an Income Plan other than on, or during the 30-day period immediately prior to, a Guarantee Period Maturity Date.

  • The Board agrees to consult with the Union prior to posting any new or vacant position which requires a Market Value Adjustment (MVA).

  • Amounts in the GA Account paid in connection with this Sum Payable at Death provision will be subject to an aggregate MVA only if it is positive, as described in the section entitled Market Value Adjustment (MVA).

  • The market value adjustment is calculated using the GAA Market Value Adjustment (MVA) formula on Contract Schedule I.

  • If you take a full withdrawal and you have an outstanding loan, and the amount available for distribution is enough to cover a) the entire outstanding loan (principal plus accrued interest), and b) any early withdrawal charge due and Market Value Adjustment (MVA) if applicable on the outstanding loan balance, then the sum of a) and b) is deducted from your Contract Value (as defined by your contract) and the loan is canceled.


More Definitions of Market Value Adjustment (MVA)

Market Value Adjustment (MVA) means the difference of the values as detailed in Section 4(e) below. This valuation will be according to the IRDAI(Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024, as applicable and as amended from time to time.
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Market Value Adjustment (MVA) means the difference of the values as detailed in Section 4(e) below. This valuation will be according to the IRDA (Assets, Liabilities and Solvency Mar- gin of Life Insurance Business) Regulation, 2016, as applicable and as amended from time to time.
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Market Value Adjustment (MVA) means recovery of loss incurred owing to Bulk Exits/ surrender by the Insurer when the market value of assets held is less than the Policy Account Value.
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Market Value Adjustment (MVA) means the
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