contribution plan

English - Turkish

Definition of contribution plan in English Turkish dictionary

Related Terms

defined contribution plan

(Ticaret) belirlenmiş katkı planı

English - English

Definition of contribution plan in English English dictionary

A plan of distributing surplus by giving to each policy the excess of premiums and interest earned thereon over the expenses of management, cost of insurance, and the policy value at the date of computation

This excess is called the contribution of the policy

Hyphenation

con·tri·bu·tion plan

Turkish pronunciation

käntrıbyuşın plän

Pronunciation

/ˌkäntrəˈbyo͞osʜən ˈplan/ /ˌkɑːntrəˈbjuːʃən ˈplæn/