cash surrender value
ریشه و کاربرد
ریشه
The word 'cash' comes from Middle French 'caisse' meaning 'money box' and 'surrender' comes from Old French 'surrendre' meaning 'to give up'.
مثال
- The policyholder decided to surrender the insurance policy and receive the cash surrender value.
- The cash surrender value of the policy was lower than expected.
- The insurance agent explained the calculation of the cash surrender value.
ترکیبهای رایج
Surrender an insurance policy Receive the cash surrender value Calculate the cash surrender value Use the cash surrender value
تعریف انگلیسی
noun
- 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