Definition: The practice of deferring the outlays incurred in the acquisition of new business over the term of the insurance contract is called deferred acquisition cost. Description: Acquisition ...

Definition: It is the exit fee charged by a no load mutual fund. The CDSC is a reducing charge. It reduces annually and becomes zero upon completion of 4 years form the date of investment. Also See: ...

Deferred taxes refer to the taxes that a company will pay or receive in the future, due to temporary differences between its accounting profit and taxable income. These differences can arise because ...

A company share on which dividend payments can be deferred until a later date. If this happens, the deferred payments take priority over any dividends on lower ranked shares until they have been paid.