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.
or vi·at·ic (vī-āt'ĭk) Of or relating to traveling, a road, or a way.
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.]
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>