Guaranteed Interest Rate definition

Guaranteed Interest Rate is the effective annual interest rate we will credit for a specified Guarantee Period. The Guaranteed Interest Rate will never be less than the minimum shown in the Schedule.
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Guaranteed Interest Rate means the lowest rate of interest which an insurer may pay under the terms of a policy during the duration of the policy.
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Guaranteed Interest Rate means the effective annual rate at which interest accrues on amounts under this Contract, except for those amounts that receive the Enhanced Guaranteed Interest Rate.
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Examples of Guaranteed Interest Rate in a sentence

  • This rate may be equal to or greater than the applicable Annual Guaranteed Interest Rate.

  • If the Guaranteed Interest Rate is more than 1% lower than the previously declared rate during the prior 12 months, the Owner or Employer may surrender the Contract for the full Account Value (without a Market Value Adjustment) during the 60-day period immediately following the effective date of such interest rate reduction.

  • The Enhanced Guaranteed Interest Rate period (“EGIR period”) will begin on the date AXA Equitable receives the first Contribution discussed above and will continue until the end of the EGIR period specified in the Application.

  • Quarterly Guaranteed Interest Rate - The minimum guaranteed interest rate applied to the Contract for a calendar quarter.

  • No later than the last Business Day of a calendar year, Nationwide declares the Annual Guaranteed Interest Rate for the Contract for the next calendar year.


More Definitions of Guaranteed Interest Rate

Guaranteed Interest Rate. The effective annual interest rate which we will credit for a specified Guarantee Period.
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Guaranteed Interest Rate means the effective annual rate at which interest accrues on amounts allocated to the Guaranteed Interest Option.
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Guaranteed Interest Rate means the effective annual rate at which interest accrues on the amount in the Guaranteed Interest Division. The initial rate to apply is shown on page 3 of this Contract. Section 2.03 describes the determination of the Rate to apply thereafter.
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Guaranteed Interest Rate. The rate of interest credited by the Company on a compound annual basis during any Guarantee Period.
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Guaranteed Interest Rate means the rate at which interest is payable by the Borrower on the Guaranteed Obligation under the terms of the Loan Agreement; provided, however, that the Guaranteed Interest Rate shall not include any amount of Default Interest.
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Guaranteed Interest Rate means, with respect to each Credit, the rate of interest specified in the relevant Ex-Im Bank Approval; provided, that if an alternative interest rate becomes applicable (a) in connection with an exercise of an Interest Rate Switch, or (b) as authorized by Ex-Im Bank in the relevant Ex-Im Bank Approval (or an amendment thereto); then in each such case the Guaranteed Interest Rate shall mean such alternative rate.3
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Guaranteed Interest Rate means the effective annual rates at which interest accrues on the amount allocated to the Guaranteed Interest Option.
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