Founded in 1801 as South Carolina College, South Carolina is the flagship institution of the University of South Carolina System and offers more than 350 programs of study, leading to bachelor's, master's, and doctoral degrees from fourteen degree-granting colleges and schools.
Drawdown may refer to: Drawdown (economics), decline in the value of an investment, below its all-time high. Drawdown (hydrology), a lowering of a reservoir or a change in hydraulic head in an aquifer, typically due to pumping a well.
The surrender charge is the fee or penalty a policyowner agrees to pay for terminating the policy early. It is a predetermined amount typically figured as a percentage of the cash value portion of the policy. The formula for calculating the surrender charge will be found in your policy. Before surrendering a life insurance policy, discuss all options with a qualified insurance professional and/or tax professional.