TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

maximum funding valuation [1 record]

Record 1 2009-03-26

English

Subject field(s)
  • Finance
CONT

"maximum funding valuation" means a maximum funding valuation for the purposes of the Income Tax Act (Canada).

CONT

The funding valuation determines the Plan's liabilities - the amount of money needed to pay the benefits earned by members to the date of the valuation.

CONT

... a maximum funding valuation is a valuation prepared by an actuary ...

French

Domaine(s)
  • Finances
CONT

«évaluation du financement maximal» s'entend d'une évaluation du financement maximal pour l'application de la Loi de l'impôt sur le revenu (Canada).

Spanish

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