SVIA

Glossary

All | A | B | C | D | E | F | G | I | L | M | N | O | P | Q | R | S | T | U | V | W | Y

Lesser of Book and Market Withdrawal

A type of plan-initiated withdrawal for plans departing certain commingled funds or insurance company stable value investment options that allow the departing plan to withdraw its investment at either the book value of the investment contract (or stable value investment option) or the market value of the associated assets supporting the book value of the investment contract (or stable value investment option), whichever is lower.