Turkish - English
Definition of tek prim in Turkish English dictionary
- single premium
- A lump sum, one-time-only payment into an annuity Fixed-deferred annuities are usually single premium
- Within the framework of individual insurance, premium paid once and the insurance policy is fully paid up with no further premiums required
- The lump-sum premium payment required to cover the entire cost of a life insurance or annuity contract
- A premium, which provides coverage for more than a year