equity-linked policy

noun

an insurance or assurance policy in which premiums are invested partially or wholly in ordinary shares for the eventual benefit of the beneficiaries of the policy

Nearby words

  1. equity capital,
  2. equity of redemption,
  3. equity security,
  4. equity stock,
  5. equity weighting,
  6. equiv.,
  7. equivalence,
  8. equivalence class,
  9. equivalence principle,
  10. equivalence relation

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012