surrender value
Americannoun
Etymology
Origin of surrender value
First recorded in 1875–80
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.
Term life insurance is for a fixed period of time and does not have a cash surrender value.
From MarketWatch • Dec. 9, 2025
Whole-life insurance, on the other hand, does have a cash surrender value as well as lifetime coverage; for that reason, it’s more expensive.
From MarketWatch • Dec. 9, 2025
Your policy’s cash out value also may be referred to as the available partial surrender value.
From Encyclopedia.com • Sep. 19, 2018
However, as time passes, the cash surrender value of your whole life or universal life policy will begin to increase.
From Encyclopedia.com • Mar. 21, 2018
When a policy is surrendered or canceled by the contract or by statute, the insured may be entitled to the surrender value of his policy.
From Putnam's Handy Law Book for the Layman by Bolles, Albert Sidney
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
