English Dictionary |
CASH SURRENDER VALUE
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Dictionary entry overview: What does cash surrender value mean?
• CASH SURRENDER VALUE (noun)
The noun CASH SURRENDER VALUE has 1 sense:
1. the amount that the insurance company will pay on a given life insurance policy if the policy is cancelled prior to the death of the insured
Familiarity information: CASH SURRENDER VALUE used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
The amount that the insurance company will pay on a given life insurance policy if the policy is cancelled prior to the death of the insured
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("cash surrender value" is a kind of...):
amount; amount of money; sum; sum of money (a quantity of money)
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"It is easy to cut the tail of a dead wolf." (Albanian proverb)
"Think of the going out before you enter." (Arabic proverb)
"One swats the fly only if it annoys that person." (Cypriot proverb)