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Word(s) in meaning: chat  "global warming"
Postal codes: USA: 81657, Canada: T5A 0A7

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What does MYG stand for?

Multi-Year Guarantee (finance)


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This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

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Myfunforum.org (website)
Mid-Yorkshire Fungus Group (UK)
Minority Youth and Families Initiative (Iowa)
Manassas Youth Football League (Virginia)
Manningham Youth and Family Services (Australia)
Maui Youth and Family Services (Hawaii)
Melandrium Yellow Fleck Virus
Atlantic Hagfish (FAO fish species code)
MAS Youth Give
Maytag Company (stock symbol)
Myriagram
Microsoft, Yahoo!, Google, AOL
Multi-Year Guaranteed Annuity
MIPS Yeast Genome Database
Muslim Youth of Greater Detroit (Rochester Hills, MI)
Muslim Youth Group of the Islamic Society of Orange County
Medford Youth Girls Softball (Massachusetts)
Missoula Youth Homes (Missoula, MT)
Moorhead Youth Hockey (Moorhead, MN)
Muslim Youth Helpline (United Kingdom)

Samples in periodicals archive:
FSA chief executive Hector Sants told the BBC's Andrew Marr show: "We have made absolutely clear that we do not expect multi-year guarantees to be paid.
Inventory Some marketing companies have hot multi-year guarantee annuities, others offer top indexed annuities.
In addition to RiskMetrics' prior focus on items such as multi-year guarantees, excessive perquisites, inclusion of additional factors in pension and SERP calculations, internal pay disparity, options backdating and severance or change-in-control provisions with single triggers or greater than three times salary and bonus payments, RiskMetrics' new guidelines identify the following additional "poor pay practices": New or materially amended severance or change-in-control arrangements that include provisions for the payment of full or modified excise tax gross-ups or which allow an executive to receive change-in-control severance payments upon a voluntary resignation during a window period following a change in control (single-trigger "walk away" rights).
Protective Life Insurance Company (NYSE:PL) today announced the release of an innovative multi-year guarantee fixed annuity, the FutureSaver II.
While the main difference between the products in this series is the surrender charge length, there are appealing characteristics that each of the products features including: -- High Guarantees: -- 100% @ 3% Minimum Guaranteed Surrender Value (MGSV) -- 3% minimum fixed interest rate guarantee -- Five Account Value Options -- Monthly sum cap -- Annual point to point with cap -- Monthly average with cap -- Monthly average with spread -- Fixed with multi-year guarantee (4 and 7 year) Brian Grigg, Vice President, Brokerage Annuity, explained, "Our Safety Index series strikes a balance for the consumer and the agent population.
The company is establishing the FA-backed note program to help fund the expected roll-off of its block of multi-year guarantee annuity products.
The company faces the challenge of retaining policyholder funds as multi-year guarantee rates expire in the near to medium term.

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