What is Deferred Acquisition?
In this glossary, Deferred Acquisition refers to: Insurance industry shorthand for 'Deferred Acquisition Costs'—expenses incurred to acquire new and renewal insurance contracts, capitalized and amortized over the contract period in accordance with regulatory accounting (e.g., IFRS 17, US SAP).
How is Deferred Acquisition used in finance?
In finance communication, this term appears in contexts such as: "Deferred acquisition costs are capitalized and systematically expensed over the policy period as required by insurance accounting standards."
Why does Deferred Acquisition matter in finance?
Deferred Acquisition matters because it supports clear communication in Insurance contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.
Who uses Deferred Acquisition?
Deferred Acquisition is mainly used by Financial Analysts, Bankers, and Traders.
What category does Deferred Acquisition belong to?
In this glossary, Deferred Acquisition is grouped under Insurance. Related pages in this category explain adjacent procedures, commands and operational concepts.
Where does this definition come from?
This definition is sourced from CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework and published by Protermify Finance as a static finance reference page.
