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cash value

American  

noun

Insurance.
  1. the nonforfeiture value of a life-insurance policy payable to the insured in cash upon its surrender.


Etymology

Origin of cash value

First recorded in 1895–1900

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

In December, Ellison lobbed in his sixth bid, saying Paramount had offered a package that covered all the issues Warner had raised, including the need for “strong cash value” and “speed to close.”

From The Wall Street Journal

The accumulated cash value within the policy can offer financial flexibility as you age, a relatively safe and easy way to save and invest money and, in some cases, a competitive interest rate as your funds grow tax-deferred.

From MarketWatch

“You can negotiate the commission,” and depending on the agent and the insurer issuing the policy, you can save a bundle and start accumulating cash value sooner.

From MarketWatch

In addition to the termination payment and so-called “ticking fee” for shareholders of 25 cents per share — which the company said would total about $650 million in cash value each quarter — Paramount also said it would “eliminate” Warner’s $1.5-billion financing cost associated with its debt exchange offer.

From Los Angeles Times

The council adds: “Exemptions generally include one’s primary home, personal belongings, household items, a vehicle, burial funds up to $1,500 or a life-insurance policy with a cash value up to $1,500.”

From MarketWatch