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.
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"deferred acquisition cost." YourDictionary, n.d. Web. 08 December 2018. <https://www.yourdictionary.com/deferred-acquisition-cost>.
APA Style
deferred acquisition cost. (n.d.). Retrieved December 08th, 2018, from https://www.yourdictionary.com/deferred-acquisition-cost
