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surrender value

 - 5 dictionary results

cash value

 
–noun Insurance.
the nonforfeiture value of a life-insurance policy payable to the insured in cash upon its surrender.
Also called cash surrender value, surrender value.

Origin:
1895–1900
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Financial Dictionary

surrender value

See cash surrender value.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: cash value
Function: noun
: MARKET VALUE

Main Entry: surrender value
Function: noun
: CASH SURRENDER VALUE
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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