Investment expense definition
Investment expense for each asset shall mean the company’s anticipated experience assumption for assets of the same type, expressed as an annual percentage of statement value.
Investment expense has the meaning set forth in Section 4.01.
Investment expense means direct and indirect fees and commissions and amounts retained or paid for investment services.
Examples of Investment expense in a sentence
Represents the reclassification of Investment (expense) and other as reflected in Coyote’s historical statement of combined income (loss) for the six months ended June 30, 2024 and the year ended December 31, 2023 to Interest expense, net to conform to RXO’s historical statement of operations presentation.
Represents the reclassification of Investment (expense) and other as reflected in Coyote’s historical statement of combined income (loss) for the six months ended June 30, 2023 to Interest expense, net and Other expense (income) to conform to RXO’s historical statement of operations presentation.