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Also available:
World English Dictionary
Dictionnaire Français
cash surrender value
cash sur·ren·der val·ue
noun
Definition:
amount for surrendering life policy:
the amount that an insurance company will pay to a policyholder who terminates a life assurance policy
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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