Avails

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Definition: Avails

Avails
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What is the dictionary definition of Avails?

Dictionary Definition

Any amount available to the owner of an insurance policy other than the actual proceeds of the policy. Avails include dividend payments, interest, cash or surrender value (the money you’d get if you sold your policy back to the insurance company) and loan value (the amount of cash you can borrow against the policy).

Related Phrases

Whole Life Insurance
Cash surrender value
Stipulated insurance
Endowment insurance
Universal Life Insurance
Term Life Insurance
Deductible

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/avails/
Modern Language Association (MLA):
Avails. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 18, 2024 https://payrollheaven.com/define/avails/.
Chicago Manual of Style (CMS):
Avails. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/avails/ (accessed: May 18, 2024).
American Psychological Association (APA):
Avails. PayrollHeaven.com. Retrieved May 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/avails/

Definition Sources

Definitions for Avails are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 8th October, 2021 | 0 Views.