follow Dictionary.com

Submit your word to be a Word of the Day!

viatical statement

noun

a term for a life insurance policy of a terminally ill person that is bought by a third party as an investment, which gives financial benefits to the ill person while alive and the investor upon the death; also called death futures

Dictionary.com's 21st Century Lexicon
Copyright © 2003-2014 Dictionary.com, LLC
Cite This Source

Word of the Day

Word Value for viatical

13
16
Scrabble Words With Friends

Nearby words for viatical statement