Definition of first year in English English dictionary
The term used to refer to various matters during the first year a policy is in force, such as first year premiums and first year claims (G)
The term used to refer to various matters during the first year a policy is in force, such as first year premiums and first year claims
= The term used to refer to various matters during the first year a policy is in force, such as first year premiums and first year claims
The payments for the first year is calculated similar to a fixed-rate loan, based on the starting rate, 360 months (30 years) and beginning loan balance