Interest crediting period definition

Interest crediting period means the period of time over which the performance of an external index or external indices is measured for purposes of determining the amount of interest credited under an indexed product.
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Interest crediting period. A period of time determined by TALIC of at least [six] but not more than [twelve] months for which a rate of interest will be determined by TALIC. “Measuring Index” [The Measuring Index shall equal a blend of (i) 30% Barclays Capital U.S. Intermediate Government Index, (ii) 40% Barclays Capital U.S. Intermediate Corporate Index, and (iii) 30% Barclays Capital US MBS 15 Year Conventional Index.] If a component of the Measuring Index is discontinued, or if the calculation of the Measuring Index is substantially changed, TALIC may substitute a comparable index. TALIC will send the Contractholder a notice in writing before any such substitution is made.
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Related to Interest crediting period

  • Distribution Period means, as to any securities or combination of securities, each period from and including a Distribution Date for such securities to but not including the next succeeding Distribution Date for such securities.