Definition: The practice of deferring the outlays incurred in the acquisition of new business over the term of the insurance contract is called deferred acquisition cost. Description: Acquisition ...

Definition: It is the exit fee charged by a no load mutual fund. The CDSC is a reducing charge. It reduces annually and becomes zero upon completion of 4 years form the date of investment. Also See: ...

Deferred taxation refers to the postponement of tax payments on income or gains to future periods, typically resulting in a temporary difference between taxable income reported for financial ...

What Are Deferred Acquisition Costs (DAC)? Deferred acquisition costs (DAC) is an accounting method that is applicable in the insurance industry. The DAC method lets companies spread out the costs of ...

Deferred ordinary shares are a class of shares that typically have lower priority in receiving dividends and capital repayments compared to other share classes, often receiving payouts only after ...

A company share on which dividend payments can be deferred until a later date. If this happens, the deferred payments take priority over any dividends on lower ranked shares until they have been paid.