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单词 surrender value
释义

surrender value


Translations
valore di riscatto

surrender value


Cash Value

The amount of cash that becomes available to an insured person upon the cancellation of his/her insurance policy. Most often, this applies to the savings portion of a canceled whole life policy. This value is considered an asset and can be borrowed against or used as collateral. It may also be called a cash surrender value or a surrender value.

surrender value

See cash surrender value.
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更新时间:2025/1/31 14:20:28