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单词 orphan assets
释义

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orphan assets
orphan assets n. Finance (originally and chiefly British) funds accrued by an insurance company which belong to no specific or traceable investor, frequently deriving from underpayment of with-profit bonuses.
ΚΠ
1993 Extel Examiner (Nexis) 23 Mar. Insurance companies have surged today on the back of a statement from United Friendly Group saying that the insurer is making moves to redistribute what are called ‘orphan assets’ to holders of the group's policies and shares.
2002 Which? Feb. 4/1 Because the orphan assets are considered ‘surplus to requirements’, insurance companies are looking at ways of distributing them and clarifying ownership.
extracted from orphann.adj.
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更新时间:2024/12/24 8:20:13