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Terms vs Nonpar - What's the difference?

terms | nonpar |

As a noun terms

is .

As an adjective nonpar is

(finance) nonparticipating.

terms

English

Noun

(head)

    • Statistics

    * ----

    nonpar

    English

    Adjective

    (-)
  • (finance) nonparticipating
  • * 1972 , Kiplinger's Personal Finance (volume 26, number 5, May 1972, page 36)
    • With a nonpar policy, the company fixes a premium rate it figures will be high enough to finance all the policy's guarantees and low enough to be competitive. And then it must stick with that rate.