nonpar
English
Etymology
Shortening.
Adjective
nonpar (not comparable)
- (finance) nonparticipating
- 1972, Kiplinger's Personal Finance (volume 26, number 5, May 1972, page 36)
- With a nonpar policy, the company fixes a premium rate it figures will be high enough to finance all the policy's guarantees and low enough to be competitive. And then it must stick with that rate.
- 1972, Kiplinger's Personal Finance (volume 26, number 5, May 1972, page 36)
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