DAE; deferred acquisition expenses;

DAE; deferred acquisition expenses;
FAR; frais d'acquisition reportés (TT)

English-French insurance dictionary. 2013.

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  • 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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