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What does AS stand for?

AS stands for ADJUSTED SERVICE

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It authorized immediate payments to anyone due less than $50. [3] The estate of a deceased veteran could be paid his award immediately if the amount was less than $500. [4] All others were awarded an "adjusted service certificate," which functioned like an insurance policy. Based on standard actuarial calculations, the value of a veteran's certificate was set as the value of a 20-year insurance policy equal to 125% of the value of his service credit.