persistency Definition
- 1the quality of continuing to exist or endure over a prolonged period
- 2the act of continuing to do something despite difficulties or opposition
Using persistency: Examples
Take a moment to familiarize yourself with how "persistency" can be used in various situations through the following examples!
Example
The persistency of the problem was frustrating for the team.
Example
Her persistency in pursuing her dreams paid off in the end.
Example
The company's success can be attributed to the persistency of its employees.
Example
He showed great persistency in his efforts to learn a new language.
persistency Synonyms and Antonyms
Synonyms for persistency
- tenacity
- perseverance
- steadfastness
- resilience
- determination
Antonyms for persistency
Phrases with persistency
a measure of the percentage of policyholders who continue to renew their policies with an insurance company
Example
The company's high persistency ratio indicates that its customers are satisfied with their policies.
a discount offered by insurance companies to policyholders who maintain their policies for a certain period of time
Example
The insurance company offers a persistency discount to customers who renew their policies for three consecutive years.
a measure of the percentage of policies that are renewed by policyholders
Example
The company's persistency rate has been steadily increasing over the past few years.
Summary: persistency in Brief
Persistency [pərˈsɪstənsi] refers to the quality of continuing to exist or endure over a prolonged period, or the act of continuing to do something despite difficulties or opposition. It is characterized by traits such as tenacity, perseverance, and determination, and can be measured through metrics like persistency ratio and persistency rate. Examples of persistency include the company's success due to the persistency of its employees and an individual's persistency in pursuing their dreams.
