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life-care

American  
[lahyf-kair] / ˈlaɪfˌkɛər /
Or life care

adjective

  1. designed to provide for the basic needs of elderly residents, usually in return for an initial fee and monthly service payments.

    a life-care facility; life-care communities.


Etymology

Origin of life-care

First recorded in 1980–85

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Most people opt for a life-care contract, where residents pay an entrance fee and monthly fees, said Lisa McCracken, a senior vice president in Ziegler investment bank’s senior living sector.

From New York Times • Apr. 4, 2014

Many continuing-care communities charge extra for nursing care and thus do not fit the narrowest definition of life-care facilities.

From Time Magazine Archive

One of the models for the sprouting life-care communities is Mount San Antonio Gardens in Pomona, Calif., a successful independent operation.

From Time Magazine Archive

For that reason, more and more retirees are turning to "life-care communities," which promise to cover all basic needs until death in return for a hefty entrance fee and monthly service payments.

From Time Magazine Archive

One serious potential risk for retirees is that a private life-care facility will go out of business.

From Time Magazine Archive