Separate account

A pooled Fund created by an Insurance company which is segregated from the general funds maintained by the company for the purpose of paying Claim. Separate accounts invest in a variety of securities and funds and often contain retirement funds.

Related Terms: 10 Account, Claim, ECU, Fund, Insurance, Pool, Pooled fund, Retire, SEC, Separate account

Other Related Pages: Category: Retirement Starting With: S

Additional Related Terms: 12b-1 funds, Account, Accounts receivable, Accounts receivable aging, Accounts receivable turnover, Account statement, Allowance for depreciation, Account aggregation, Account balance, Active account