| slovo | definícia |
surrender value
(gcide) | Surrender \Sur*ren"der\, n.
1. The act of surrendering; the act of yielding, or resigning
one's person, or the possession of something, into the
power of another; as, the surrender of a castle to an
enemy; the surrender of a right.
[1913 Webster]
That he may secure some liberty he makes a surrender
in trust of the whole of it. --Burke.
[1913 Webster]
2. (Law)
(a) The yielding of a particular estate to him who has an
immediate estate in remainder or reversion.
(b) The giving up of a principal into lawful custody by
his bail.
(c) The delivery up of fugitives from justice by one
government to another, as by a foreign state. See
Extradition. --Wharton.
[1913 Webster]
3. (Insurance) The voluntary cancellation of the legal
liability of the company by the insured and beneficiary
for a consideration (called the
surrender value).
[Webster 1913 Suppl.] |
| | podobné slovo | definícia |
cash surrender value
(encz) | cash surrender value, n: |
cash surrender value
(wn) | cash surrender value
n 1: 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 |
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