HyperDicEnglishCASH ... cash surrender value

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Related WikiPedia: cash surrender value
English 1 sense of the expression cash surrender value:
NOUNpossessioncash surrender valuethe 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
Englishcash surrender value: 1 sense noun 1, possession
MeaningThe 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.
Broadersum, sum of money, amount, amount of moneyA quantity of money

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