Annualized Premium - How To Discuss

Annualized Premium

The total amount of the annual premiums paid is called the annual premium.

Literal Meanings of Annualized Premium

Annualized:

Meanings of Annualized:

1. Express (amounts such as interest rates, profits, expenses, etc.) as if they were real or measured over the course of a year.

Sentences of Annualized

1. To extrapolate net income for the year, divide net income to date by the number of months completed and multiply by twelve.

Premium:

Meanings of Premium:

1. Prize or award.

2. Something is offered at a discounted price as an incentive to buy something else.

3. A bonus that is paid in addition to the regular payments.

4. The amount to be paid for insurance.

5. Unusually high value.

6. The amount by which the value of a security exceeds its face value.

7. Superior in superior quality for price or value.

8. High-end refers to the market segment between mid-range and luxury.