GMAB


Also found in: Acronyms.

Give me a break!

 and Gimme a break! 
1. Inf. Don't be so harsh to me!; Give me another chance! I'm sorry! I'll do better! Give me a break! I was only late once! Give me a break!
2. Inf. That is enough, you're bothering me!; Stop it! Do you have to go on and on? Give me a break! Give me a break, you guys! That's enough of your bickering!
3. Inf. I don't believe you!; You don't expect anyone to believe that! You say a gorilla is loose in the city? Gimme a break! Tom said he was late again because the back stairs caved in. His boss said, "Gimme a break!"
See also: give

Give me/us a break!

  (American & Australian informal)
something that you say when you do not believe what someone has just said 'You're going to run a marathon? Give me a break!'
See also: give

Give me a break!

and Gimme a break!
1. exclam. That is enough!; Stop it! Do you have to go on and on? Give me a break!
2. exclam. Don’t be so harsh!; Give me a chance! I’m sorry! I’ll do better! Give me a break!
3. and GMAB exclam. & comp. abb. I don’t believe it!; You don’t really think I believe that! Come on, GMAB! How dumb do you think I am!
See also: give

GMAB

verb
References in periodicals archive ?
Phoenix's GMAB rider may be particularly suitable for clients still accumulating for retirement, who value guaranteed investment return and flexibility.
The new GMAB option guarantees that, on the 10 year contract anniversary, the contract's account value will be greater than or equal to the Guaranteed Accumulation Amount, which is 110% to 130% of the initial purchase payments made within 120 days of the contract issue, less withdrawals on a proportionate basis and withdrawal charges.
GMAB may only be elected at the time a person purchases a deferred variable annuity from one of the MetLife family of companies.
The Phoenix GMAB Rider is available on new contracts for an additional charge on Phoenix Spectrum Edge(R), Phoenix Investor's Edge(R), Phoenix Premium Edge(R) and Phoenix Freedom Edge(R) deferred variable annuity products, all part of Phoenix's comprehensive annuity portfolio developed for professional advisors to provide innovative strategies to their high-net-worth clients.
For example, a GMAB can guarantee that the account value of the annuity will be at least equal to the amount invested if held for a specified number of years (e.
Many GMABs guarantee the return of premium after a ten year period.
David Foster, second vice president of MassMutual annuity sales, said the 10-year or the 20-year GMAB feature could add value to an investor's overall portfolio.
The guarantees within the 10-year and 20-year GMAB are contingent on the claims paying ability of the issuing company, Massachusetts Mutual Life Insurance Company (MassMutual).
In addition, the authors intend to examine some of the guaranteed living benefits, such as GMIB and GMAB, from an option pricing perspective.
The GMAB option is only available when SecurePay or SecurePay with Roll-Up is also purchased.
Fixed Interest Accumulation Annuities: single and multiple funded contracts with portfolio, guaranteed or annual interest lock-in type interest options, fund sweeps across investment vehicles * Equity Index Annuities: multiple index choices, participation rates and caps * Variable Accumulation Annuities: unlimited sub-accounts (including ability to co-mingle all account types within a contract, Living Benefits GMIB, GMAB & GMWB) * Fixed Interest and Variable Immediate Annuities: premium/deposit sourcing, emergency withdrawals, commuted values, sub-account reallocation, multiple interest rates and a variety of payment option schemes
The annual step-up is available with both features of our combination rider, the GMAB and Guaranteed Minimum Withdrawal Benefit (GMWB), and can begin on or after the account's first anniversary.
In addition to a guarantee of principal and the ability to lock in any gains, Secured Returns for Life offers a unique refund of benefit fees in GMAB, which allows customers to pay for principal protection only if they need it.
In addition to the GMWB enhancements, Jackson has added the first GMAB to its line of VA products.
Average election rates of GMABs have decreased from 21% in 2004 to 10% during the first half of 2008.