Meaning of “death futures” in the English Dictionary

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"death futures" in Business English

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death futuresnoun [ plural ]

uk us

FINANCE the life insurance policies of people who are likely to die soon, and the activity of buying and selling them in order to make a profit. Some people think this activity is morally unacceptable:

The company is one of at least 50 investment groups offering death futures to AIDS patients.

(Definition of “death futures” from the Cambridge Business English Dictionary © Cambridge University Press)