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Glossary   >   C   >   "Chargeable event" Definition            Chargeable event A transaction which leads to a chargeable gain and which in turn promotes the issuing of a chargeable event certificate. For example the sale of an investment bond with a life company which results in a gain will be classed as a chargeable event. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Chargeable event - A transaction which leads to a chargeable gain and which in turn promotes the issuing of a chargeable event certificate. For example the sale of an investment bond with a life company which results in a gain will be classed as a chargeable event.