Home > Terms > English, UK (UE) > projected unit credit method
projected unit credit method
An actuarial valuation method that sees each period of service as giving rise to an additional unit of benefit entitlement and measures each unit separately to build up the final obligation (sometimes known as the accrued benefit method pro-rated on service or as the benefit/years of service method).
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Accountancy
- Company:
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: Animals Category: Amphibians
Frogs
Frogs are amphibians in the order Anura. Most frogs are characterised by a short body, webbed digits, protruding eyes and the absence of a tail. Frogs ...
Contributor
Featured blossaries
rufaro9102
0
Terms
41
Blossaries
4
Followers
World's Geatest People of All Time
Category: History 1 1 Terms
marija.horvat
0
Terms
21
Blossaries
2
Followers
Essential English Idioms - Intermediate
Category: Languages 2 20 Terms
Browers Terms By Category
- Zoological terms(611)
- Animal verbs(25)
Zoology(636) Terms
- Rice science(2869)
- Genetic engineering(2618)
- General agriculture(2596)
- Agricultural programs & laws(1482)
- Animal feed(538)
- Dairy science(179)
Agriculture(10727) Terms
- Plastic injection molding(392)
- Industrial manufacturing(279)
- Paper production(220)
- Fiberglass(171)
- Contract manufacturing(108)
- Glass(45)
Manufacturing(1257) Terms
- Investment banking(1768)
- Personal banking(1136)
- General banking(390)
- Mergers & acquisitions(316)
- Mortgage(171)
- Initial public offering(137)
Banking(4013) Terms
- Electricity(962)
- Gas(53)
- Sewage(2)