Definition: Acquisition costs

Category: Banking, insurance, financial statistics

The costs arising from the conclusion of insurance contracts. http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:31991L0674:EN:HTML
Source:
European Union, Council Directive 91/674/EEC of 19 December 1991 on the annual accounts and consolidated accounts of insurance undertakings
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