general account

Definition

The account used to invest the income generated from premiums. Typically, this is an investment portfolio made up of safe, guaranteed investments.

Related Videos




http://www.businessdictionary.com/definition/general-account.html

Have a question about general account? Ask for help in the
Community
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z