Accumulated Value is the total amount of money or assets that have been accumulated or grown over a specific period of time. It is the result of consistently adding or investing money or assets, along with any interest, dividends, or capital gains earned on those investments. The accumulated value is often used to measure the growth or performance of an investment or savings account. It can also refer to the total value of an investment or asset at a specific point in time, taking into account any contributions or growth that have occurred.
Accumulated value refers to the total amount of money or value that has been accumulated in an investment or insurance policy over a period of time. It represents the sum of all contributions, premiums, interest, dividends, or other earnings that have been added to the initial investment or policy. The accumulated value is an important factor in determining the worth or value of an investment or policy and may be used to calculate benefits, surrender values, or cash values. It is typically subject to certain terms, conditions, and restrictions outlined in the investment or insurance contract.
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This glossary post was last updated: 29th March 2024.
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