Abstract
Two fundamental concepts related to the discounting of liabilities are addressed in summary fashion. The first is the payment pattern of the liabilities to be discounted. The second is the discount rate used to present value future payments.
KEY WORDS: Discounting, Financial Reporting, Investments, Payment Pattern, Risk margin.
Year
1994
Categories
Actuarial Applications and Methodologies
Reserving
Discounting of Reserves
Practice Areas
International Areas
Publications
Educational Notes on Discounting
