Average Net Cost

(redirected from Interest Adjusted Cost)

Average Net Cost

The cost of an insurance policy, taking into account the time value of money. There are several different ways to calculate the average net cost. It is also called the interest adjusted cost.
References in periodicals archive ?
An identical interest adjusted cost is obtained by observing the dual price corresponding to the single insurance constraint.
The level interest adjusted cost obtained with the LP method is similar to the traditional IASC.
From the standpoint of the LP method, cost of insurance is measured either in terms of a level interest adjusted cost or in terms of rate of return loss on policy equity.
An Analysis of Two Cost Comparison Methods -- Interest Adjusted Cost vs.
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