Life insurance in force

Definition:

The dollar amount of life insurance that a company has issued, measured as the sum of policy face values and dividends paid.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Tax evasion

Illegal by reducing tax burden by underreporting income, overstating deductions, or using illegal tax shelters.

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