Deferred Acquisition Costs

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Deferred Acquisition Costs

In insurance, an expense to a customer that an insurance company initially pays, but recoups the funds from the customer gradually over the life of the insurance policy or other contract.
References in periodicals archive ?
Though the DAC is meeting for the first time since the new government was formed, the Modi administration has already spent around Rs.
The DAC announcement comes after an investment last month from the company in Lyft Driver Services, an economic initiative that includes a no-fee bank account and debit card called Lyft Direct.
"GCC in particular and wider Mena region in general, will continue to be the largest consumer of Ducab and DAC products over the foreseeable future.
One of the world's leading aluminium producers, Emirates Global Aluminium, has welcomed DAC as the latest company to join the country's aluminium sector and the aluminium cluster in Kizad
Jamal Salem Al Dhaheri, Chairman of Ducab and Chief Executive Officer (CEO) of Senaat, who has assumed the role of Chairman of DAC, said the launch of the plant extends the UAE's industrial capabilities and addresses the growing aluminium market globally.
However, in patients treated with DAC, conflicting observations were reported regarding the effect of DAC both on [CD4.sup.+] [FOXP3.sup.+] cell numbers and on IFN[gamma] and IL-17 production by T cells [23, 26, 36].
DAC Beachcroft managed to increase its profit before tax by 10% to PS39m for the year ending April 2017.
In its latest report, OECD's Development Assistance Committee (DAC), said aid flows were said to have risen sharply due, in part, to the call for assistance to tackle the massive refugee problem that shook Europe because of war in Syria and ongoing turmoil in other countries like Iraq and Afghanistan, in addition to migrant flows from Africa.
Therefore, its performance is highly relay on the design of its digital to analogous converter (DAC).
For average consumers who do not really use their smartphones as music player, the inclusion of Quad DAC may not mean a thing.
The Newport professional liability team has also been further strengthened by the arrival of Louise Winter, who joins after nine years at DAC Beachcroft's London office.