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viatical

 - 3 dictionary results

vi⋅at⋅i⋅cal

[vahy-at-i-kuhl, vee‑]
–adjective
1. of or pertaining to a viaticum.
2. of or pertaining to a financial transaction in which a company buys life insurance policies from the terminally ill at less than their face value and may sell the policies to investors: viatical settlements.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To viatical
vi·at·i·cal   (vī-āt'ĭ-kəl)   
adj.  
  1. or vi·at·ic (vī-āt'ĭk) Of or relating to traveling, a road, or a way.

  2. Of or relating to a contractual arrangement in which a business buys life insurance policies from terminally ill patients for a percentage of the face value: a viatical settlement.


[From Latin viāticus, relating to a journey, from via, road; see via. Sense 2, from viaticum.]
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Medical Dictionary

Main Entry: vi·at·i·cal
Pronunciation: vI-'at-i-k&l
Function: adjective
: of, concerned with, or dealing in viatical settlementsviatical law to better protect consumers —J. T. Fakler> viatical brokerage firm>
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