Cash Surrender Value

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Definition: Cash Surrender Value

Cash Surrender Value
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Full Definition of Cash Surrender Value

The amount available in cash upon cancellation of an insurance policy, usually a whole life policy, before it becomes payable upon death or maturity. also called cash value or surrender value.

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/cash-surrender-value/
Modern Language Association (MLA):
Cash Surrender Value. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/cash-surrender-value/.
Chicago Manual of Style (CMS):
Cash Surrender Value. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/cash-surrender-value/ (accessed: April 19, 2024).
American Psychological Association (APA):
Cash Surrender Value. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/cash-surrender-value/

Definition Sources

Definitions for Cash Surrender Value 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: 20th November, 2021 | 0 Views.