- commissions to be amortized
- commissions à amortir (RL, 2e)
English-French insurance dictionary. 2013.
English-French insurance dictionary. 2013.
Deferred Acquisition Costs — (DAC) is a term commonly used in the insurance business. It describes the practice of deferring the cost of acquiring a new customer over the duration of the insurance contract. Insurance companies face large upfront costs incurred in issuing new … Wikipedia
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