smoothing definition
smoothing means smoothing of fund returns as referred to in the Pension Funds Act, and “smoothed” has a corresponding meaning;
smoothing on a scale R means that one replaces (say) the energy density ρ(x) by
smoothing means the mechanism by which the impact on With-Profits Policy payouts of fluctuations in the value of underlying assets is reduced from one period to the next, as applied in accordance with the PPFM;
Examples of smoothing in a sentence
If we and you agree to enter into a Bill Smoothing payment plan, we may charge a fee to recover our administration costs, which we will advise you of at the time.
More Definitions of smoothing
smoothing means the mechanism by which surpluses are distributed fairly and smoothly amongst With-Profits Plans from one period to the next, as applied in accordance with the PPFM;
smoothing on a scale R means that one replaces (say) the energy density ρ(x) by d3xjW (|xj−x|)ρ(xj) with W (y) c 1 for y < R and W c 0 for y > R. A simple choice is to take W = 1 for y < R and W = 0 for
smoothing means the use of a Storage Device to eliminate or dampen moment-to-moment variations in the Energy output of the Facility.
smoothing of investment returns also means that the Plan still has a deferred investment loss of $568 million from 2001-2002. These losses will be recognized over the next four years. The Plan may therefore face an additional funding loss when the next valuation is filed, no later than 2007. The size of this loss – and the potential impact on contribution rates – will depend on OPTrust’s investment results over the next two or three years.
smoothing in this context means reducing variation in time charging behavior.