nonpar
English edit
Etymology edit
Shortening.
Adjective edit
nonpar (not comparable)
- (finance) nonparticipating
- 1972 May, Kiplinger's Personal Finance, volume 26, number 5, 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.