Accumulated Value in relation to contributions, means the amount which the trustees determine to be equal to -
Accumulated Value means a monetary value of a specific Contract, which at a specific moment is calculated according to the Contract terms and conditions and the respective actuarial rules.
Examples of Accumulated Value in a sentence
The Reference Price on the final day of the Accumulated Value Calculation Period will be the Closing Price.
Athene 1-Year Point-to-Point Index Strategy — S&P 500® S&P 500® Each Contract Anniversary, any interest credits earned are “locked in.” Even if the market goes down, the growth already received in the Accumulated Value will not be lost.
Earn interest by allocating your annuity’s Accumulated Value to interest crediting strategies.
The Accumulated Value equals the money you used to purchase your annuity, plus any interest you earn, minus any withdrawals.
The actual Surrender Charge deducted will be the lesser of the Surrender Charge shown in the table below and the Accumulated Value on the date of surrender.
More Definitions of Accumulated Value
Accumulated Value means the value of this contract on any date prior to the commencement of annuity payments. This value equals the sum of (i) the Accumulated Values for all variable investment options and (ii) the Accumulated Value of this contract in the MVA Account. The Accumulated Value for each variable investment option as of any date will equal the number of Accumulation Units for that variable investment option then credited to this contract multiplied by the Accumulation Unit Value for that variable investment option on that date. Accumulated Value for the MVA Account is defined in Section 7.
Accumulated Value means, with respect to any Eligible Contract as at any date of determination thereof, the accumulated value as defined in such Eligible Contract.
Accumulated Value means, for a Guaranteed Return Investment, the value of a Deposit on the date such Deposit is received or renewed by the Company, plus any interest or other income credited and accrued but not paid to that Deposit.
Accumulated Value means the total value of a deposit at the time commission is to be calculated, after taking into account changes in market value, withdrawals, transfers, administrative fees and surrender charges.
Accumulated Value of a contribution account means the value obtained by accumulating the contributions credited to such account to December 31 of successive years at rates of Interest from the dates such contributions are paid into the Fund to the date a benefit becomes payable to a member.