surrender value

noun [U]

Definition

› the value of an insurance policy if you end it before its original end date: If policyholders stop paying into the policy they will get a surrender value dependent on investment growth.

(Definition of surrender value noun from the Cambridge Business English Dictionary © Cambridge University Press)

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surplus adjective
surplus noun
surplus value noun
surrender noun
surrender penalty noun
surrender value noun
surrender verb
surtax noun
survey noun
survey verb
surveyor noun

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