AIR

What does AIR stand for?

Assumed interest rate

A financial acronym that represents the interest rate selected by an insurance company to determine the value of an annuity contract; affects the monthly payment an annuitant receives, along with other factors, such as the annuitant's spousal coverage and age when the annuity was processed.

Example

Since the AIR is relatively high, he is going to receive larger minimum payments

Related Slang

HMOHealth maintenance organization
PPOPreferred provider organization
OOPOut of pocket
AGIAdjusted gross income
ROIReturn on investment
IRSInternal Revenue Service

Categories

Financial Terms
Updated December 31, 2014

AIR definition by Slang.net - The Slang Dictionary

This page explains what the acronym "AIR" means. The definition, example, and related terms listed above have been manually compiled and written by the Slang.net team.

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