/ English Dictionary |
CASH SURRENDER VALUE
Pronunciation (US): | (GB): |
I. (noun)
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)