Meaning of “endowment policy” in the English Dictionary

business-english dictionary

(Definition of “endowment policy” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"endowment policy" in Business English

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endowment policynoun [ C ]

uk us INSURANCE

an endowment :

We took out a unit-linked endowment policy with our bank.

(Definition of “endowment policy” from the Cambridge Business English Dictionary © Cambridge University Press)