What is the full form of "AIR"?
A. Annual Income Ratio
B. Assert Interest Ratio
C. Assumed Interest Rate
D. Accounting Information Range
Answer: Option C
Solution(By Examveda Team)
The assumed interest rate (AIR) is the rate of interest (or growth rate) selected by an insurance company. The assumed interest rate is provided to determine the value of an annuity contract and, therefore, the periodic income payment provided to the annuitant.Related Questions on Finance Abbreviations
What is the full form of "YTM"?
A. Yield To Money
B. Yield To Maturity
C. Marketing To Yield
D. Mutual Trade Yielding
What is the full form of "YTD"?
A. Year to Delivery
B. Yield to Debit
C. Year-to-date
D. Yield of Divergence
What is the full form of "WC"?
A. Withdraw Cash
B. Working Capital
C. Wage Capital
D. Wage Collateral
What is the full form of "TSR"?
A. Total Shareholder Return
B. Taxation of Stock Rate
C. Treasury Stock Return
D. Trading Security Rate
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