Try Our Apps
Dictionary.com

follow Dictionary.com

2017 Word of the Year

premium loan

noun, Insurance.
1.
a loan made by a life-insurance company in order that a policyholder may pay the due premium, the cash value on the policy serving as security.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
Cite This Source

Word of the Day

Nearby words for premium loan

Word Value for premium

13
17
Scrabble Words With Friends