AIR

What does AIR stand for?

Assumed interest rate

A financial acronym that represents the interest rate selected by an insurance company to determine the value of an annuity contract; affects the monthly payment an annuitant receives, along with other factors, such as the annuitant's spousal coverage and age when the annuity was processed.

Example

"Since the AIR is relatively high, he is going to receive larger minimum payments."

Related Slang

Usage

Last Updated: December 31, 2014

AIR definition

This page explains what the acronym "AIR" means. The definition, example, and related terms listed above have been written and compiled by the Slangit team.

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