The rate suggested in Financial Accounting Standard Board (F.A.S.B.) 87 for discounting the obligations of a pension plan . The rate at which the pension benefits could be effectively settled if the company sponsoring pension plan wished to terminate its pension obligation.
SETTLEMENT RATE
Meaning of SETTLEMENT RATE in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012