An asset that is accumulated by life insurance companies because they are allowed to spread out the expenses from selling policies, such as commissions, over a multi-year period.
deferred acquisition cost - Investment & Finance Definition
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
Link to this page
Cite this page
MLA Style
"deferred acquisition cost." YourDictionary, n.d. Web. 14 January 2019. <https://www.yourdictionary.com/deferred-acquisition-cost>.
APA Style
deferred acquisition cost. (n.d.). Retrieved January 14th, 2019, from https://www.yourdictionary.com/deferred-acquisition-cost
