Definition of viatical settlement in English:

viatical settlement

nounvʌɪˈatɪk(ə)lvīˈatikəl

An arrangement whereby a person with a terminal illness sells their life insurance policy to a third party for less than its mature value, in order to benefit from the proceeds while alive.
See also death futures
Example sentencesExamples
- In a viatical settlement, a person with a terminal disease sells his or her life insurance policy at a discount from its face value in exchange for ready cash.
- Thanks to Ontario's passing of the Red Tape Reduction Act, viatical settlements, otherwise known as ‘death futures,’ will be making Ontario's critically ill a hot investment for U.S. brokerage firms.
- Ms. Investor was looking for safety, with little risk, when she invested in these viatical settlements.
- While the ads for viatical settlement firms focused on impending death, those for drug companies focused on prolonging life - better living through science.
- Developing expertise in long-term care insurance, medi-gap insurance, reverse mortgages and viatical settlements, along with their uses, can serve your older clients well.
- The tax treatment of a viatical settlement is markedly different.

Origin

1990s: viatical from Latin viaticus 'relating to a journey or departing' + -al.

Definition of viatical settlement in US English:

viatical settlement

nounvīˈatikəl

An arrangement whereby a person with a terminal illness sells their life insurance policy to a third party for less than its mature value, in order to benefit from the proceeds while alive.
Example sentencesExamples
- Developing expertise in long-term care insurance, medi-gap insurance, reverse mortgages and viatical settlements, along with their uses, can serve your older clients well.
- Ms. Investor was looking for safety, with little risk, when she invested in these viatical settlements.
- While the ads for viatical settlement firms focused on impending death, those for drug companies focused on prolonging life - better living through science.
- The tax treatment of a viatical settlement is markedly different.
- Thanks to Ontario's passing of the Red Tape Reduction Act, viatical settlements, otherwise known as ‘death futures,’ will be making Ontario's critically ill a hot investment for U.S. brokerage firms.
- In a viatical settlement, a person with a terminal disease sells his or her life insurance policy at a discount from its face value in exchange for ready cash.

Origin

1990s: viatical from Latin viaticus ‘relating to a journey or departing’ + -al.

单词	viatical settlement
释义	Definition of viatical settlement in English: viatical settlement nounvʌɪˈatɪk(ə)lvīˈatikəl An arrangement whereby a person with a terminal illness sells their life insurance policy to a third party for less than its mature value, in order to benefit from the proceeds while alive. See also death futures Example sentencesExamples In a viatical settlement, a person with a terminal disease sells his or her life insurance policy at a discount from its face value in exchange for ready cash. Thanks to Ontario's passing of the Red Tape Reduction Act, viatical settlements, otherwise known as ‘death futures,’ will be making Ontario's critically ill a hot investment for U.S. brokerage firms. Ms. Investor was looking for safety, with little risk, when she invested in these viatical settlements. While the ads for viatical settlement firms focused on impending death, those for drug companies focused on prolonging life - better living through science. Developing expertise in long-term care insurance, medi-gap insurance, reverse mortgages and viatical settlements, along with their uses, can serve your older clients well. The tax treatment of a viatical settlement is markedly different. Origin 1990s: viatical from Latin viaticus 'relating to a journey or departing' + -al. Definition of viatical settlement in US English: viatical settlement nounvīˈatikəl An arrangement whereby a person with a terminal illness sells their life insurance policy to a third party for less than its mature value, in order to benefit from the proceeds while alive. Example sentencesExamples Developing expertise in long-term care insurance, medi-gap insurance, reverse mortgages and viatical settlements, along with their uses, can serve your older clients well. Ms. Investor was looking for safety, with little risk, when she invested in these viatical settlements. While the ads for viatical settlement firms focused on impending death, those for drug companies focused on prolonging life - better living through science. The tax treatment of a viatical settlement is markedly different. Thanks to Ontario's passing of the Red Tape Reduction Act, viatical settlements, otherwise known as ‘death futures,’ will be making Ontario's critically ill a hot investment for U.S. brokerage firms. In a viatical settlement, a person with a terminal disease sells his or her life insurance policy at a discount from its face value in exchange for ready cash. Origin 1990s: viatical from Latin viaticus ‘relating to a journey or departing’ + -al.
随便看	by half by halves by hand by-hand by hand by-hanger by happenstance by heart by heart by hinting by hokey by hokey by hook or by crook by hook or by crook by implication by implication by inches by inches by instalments by itself by its very nature by jingo! by jingo by jingo! by jings