Financial

Alternative Minimum Cost Method

Either of two ways a company can choose to finance its pension plan. The company may use the actuarial cost method or the accrued benefit cost method, depending on which is cheaper.

All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.