What does VC stand for?

Shares of the Portfolios are offered only to participating insurance companies and their separate accounts to fund the benefits of Variable Contracts, and to qualified pension and retirement plans and registered and unregistered separate accounts.

CEO Surma said it expects to have "somewhat more variable contract terms" next year for flat-rolled products.

Section 817 of the Code provides that if a variable contract based upon a segregated asset account is not adequately diversified, then such variable contract will not be treated as an annuity, endowment or life insurance contract.

It does this by guaranteeing that the amount in the contract used for buying the income stream would grow by a specified amount, usually 5% a year, even if the underlying investments in the variable contract lose money.

NASD licenses are the series 6 (investment company and variable contracts representative license) or the series 7 (general securities representative license) and the series 63 (multistate license).

Therefore for Kazakhstan Turkmenistan and Uzbekistan short term or variable contract gas sales to Russia are their only option.

Includes all share classes of the Principal Funds, Inc and Principal Variable Contracts Fund, Inc.

When the contract is a variable contract, a plan may treat the CSV as its FMV at the time of distribution, if the CSV is at least as large as the aggregate of (1) the premiums paid from the issue date through the distribution date, plus (2) all adjustments made as to those premiums during the period that reflect investment return and the current market value of segregated asset accounts, minus (3) reasonable mortality charges and reasonable charges, but only if actually charged on or before the distribution date and are expected to be paid.