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surrender of value

См. также в других словарях:

  • surrender — ▪ I. surrender sur‧ren‧der 1 [səˈrendə ǁ ər] verb 1. [transitive] INSURANCE if you surrender an insurance policy, you stop it before it mature S (= becomes due for payment) and receive only a part of what it would have been worth if you had kept… …   Financial and business terms

  • surrender value — n: cash surrender value Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. surrender value …   Law dictionary

  • value — val·ue 1 / val yü/ n 1 a: a fair return or equivalent in goods, services, or money for something exchanged received good value for the price b: valuable consideration at consideration …   Law dictionary

  • surrender value — 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]… …   The Collaborative International Dictionary of English

  • surrender value — surrender values N COUNT The surrender value of a life insurance policy is the amount of money you receive if you decide that you no longer wish to continue with the policy. [TECHNICAL] …   English dictionary

  • 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 …   The Collaborative International Dictionary of English

  • surrender — [sə ren′dər] vt. [ME surrendren < MFr surrendre < sur , up (see SUR 1) + rendre, to RENDER] 1. to give up possession of or power over; yield to another on demand or compulsion 2. to give up claim to; give over or yield, esp. voluntarily, as …   English World dictionary

  • value — The utility of an object in satisfying, directly or indirectly, the needs or desires of human beings, called by economists value in use, or its worth consisting in the power of purchasing other objects, called value in exchange. Joint Highway… …   Black's law dictionary

  • value — The importance placed on something by an individual. Value is subjective and may change according to the circumstances. Something that may be valued highly at one time may be valued less at another time. The CENTER ONLINE Futures Glossary * * * ▪ …   Financial and business terms

  • surrender value — The cash amount received if an insurance policy is cancelled before its maturity date. * * * surrender value surrender value ➔ value1 * * * surrender value UK US noun [U] ► the value of an insurance policy if you end it before its original end… …   Financial and business terms

  • surrender value — The sum of money given by an insurance company to the insured on a life policy that is cancelled before it has run its full term. The amount is calculated approximately by deducting from the total value of the premiums paid any costs,… …   Accounting dictionary

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