TERMIUM Plus®

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

STOCK LIFE INSURANCE ENTERPRISE [1 record]

Record 1 1993-05-01

English

Subject field(s)
  • Life Insurance
CONT

In a stock life insurance enterprise, the operating income of the participating account is distributable mainly to participating policyholders in the form of policyholder dividends, and some is distributable to shareholders through transfers from the participating account to the non-participating account.

French

Domaine(s)
  • Assurance sur la vie
CONT

Dans les entreprises d'assurance-vie constituées en sociétés par actions, le bénéfice d'exploitation du compte des contrats avec participation est distribuable principalement entre les titulaires de ces contrats sous forme de participations; une partie de ce bénéfice peut être affectée aux actionnaires au moyen de virements du compte des contrats avec participation au compte des contrats sans participation.

Spanish

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