unrecovered cost

unrecovered cost definition - business

unrecovered cost

  1. Payments into an annuity that have not been distributed at the annuitant's death.
  2. See book value 1.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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