Segment definition
Examples of Segment in a sentence
Amounts withdrawn from a Segment on a date other than the Segment Maturity Date will reflect the Segment’s Segment Interim Value.
Any amounts in such Segment Type Holding Account or Segment will be automatically transferred to the Variable Investment Option shown in your Data Pages.
Amounts will not be transferred from a Segment Type Holding Account into a Segment or from one Segment to another if the Segment Maturity Date will be later than the remaining distribution period.
We determine the Segment Interim Value of your investment in a Segment on each Business Day that falls between the Segment Start Date and Segment Maturity Date, based on the estimated value of financial instruments consistent with current market prices and representing our obligation to provide your Segment Maturity Value on the Segment Maturity Date.
Amounts in Segments must remain in the Segments until the earlier of the Segment Maturity Date or the Transaction Date of a withdrawal.