HyperDic: 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
English > cash 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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