Transcription of INVESTMENT DICTIONARY - Mercer
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INVESTMENT DICTIONARY - Mercer
INVESTMENT DICTIONARYII1As is the case in many industries, the ever complex world of INVESTMENT is full of jargon. Although it is the role of specialists to use clear language rather than technical terms, sometimes these are just unavoidable. To help trustees in their understanding and interpretation of the INVESTMENT terms that they may encounter in their day-to-day fiduciary responsibilities, Mercer has compiled this INVESTMENT DICTIONARY . A number of the terms have other non- INVESTMENT related meanings, which we have not captured. The DICTIONARY is intended to supplement rather than replace expert INVESTMENT have expanded this year s edition of the INVESTMENT DICTIONARY by introducing several terms since our last update in 2012 that cover industry updates, as well as other terms not covered previously.
actuarial valuation. Possible variables include life expectancy, return on investments, interest rates and growth in earnings. (See also actuarial valuation.) actuarial valuation Professional assessment undertaken by an actuary to determine whether the assets of a plan are likely to be sufficient to meet the accrued benefits; normally carried ...
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