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surrender value

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noun Insurance.
cash value.
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Origin of surrender value

First recorded in 1875–80

Words nearby surrender value

surrealistic, surrebuttal, surrebutter, surrejoinder, surrender, surrender value, surreptitious, surreptitiously, surrey, surrogacy, surrogate
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use surrender value in a sentence

  • Renewable term-insurance premiums are lower than straight life insurance because in the former there is no cash surrender value.

    The Good Housekeeping Marriage Book|Various

  • Even if you wanted to surrender it, the cash surrender value is less than ten thousand at the present time.

    The Best Policy|Elliott Flower

  • That the surrender value of a lapsed policy was payable at any time after default, on application being made for the same.

    The Post Office of India and its Story|Geoffrey Clarke
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