death benefit


noun

the amount of money to be paid under the terms of an insurance policy to the designated beneficiary upon the death of the insured.

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“Compliment” and “complement” had a shared meaning a long time ago, but today they are no longer interchangeable.

Origin of death benefit

First recorded in 1920–25
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020