cash value

American  

noun

Insurance.

1. the nonforfeiture value of a life-insurance policy payable to the insured in cash upon its surrender.

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Etymology

Origin of cash value

First recorded in 1895–1900

Example Sentences

“EQT believes the final proposal delivers certain and accelerated cash value at a full valuation for Intertek shareholders, superior to the range of outcomes associated with Intertek’s standalone prospects,” it said.

From The Wall Street Journal • May 12, 2026

For shareholders, the deal will deliver immediate and certain cash value at a compelling premium, said Rich Daly, Catalyst’s president and chief executive.

From The Wall Street Journal • May 7, 2026

Other people mulling life insurance like universal life because it comes with a tax-deferred cash value.

From MarketWatch • Apr. 14, 2026

“You can negotiate the commission,” and depending on the agent and the insurer issuing the policy, you can save a bundle and start accumulating cash value sooner.

From MarketWatch • Feb. 13, 2026

Bookkeeping turns everything into a notional cash value, even though you do not actually know if you will ever sell it or what you will get for it if you do.

From "The Invention of Science" by David Wootton