sold together as a single item; -- usually done for related products which work or are used together.
Bundled means grouped together. If software is bundled with a book, it means the software comes with the book.
Referring to the incorporation of a number of services or features into a single product. For example, a bundled pension scheme contract might combine the various activities of investment management, insurance, trusteeship and administration into a single service; whereas an unbundled arrangement would see these activities being conducted by a range of different parties.
product structure. Insurance or annuity product design in which an insurer presents the product to customers as a package of benefits, provided in exchange for a given payment. The mortality, investment, and expense factors are not identified separately in the product. Contrast with unbundled product structure.
An arrangement in which the provider of the GIC (Guaranteed Investment Contract) or "wrap" contract and the provider of investment management services are affiliated entities (i.e., the wrap provider and the investment manager provide services that are bundled).
collection of services that are tied together
The consolidation of several services or activities into a single product.