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surrender value

American  

noun

Insurance.
  1. cash value.


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.

See Examples For:

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

Cash surrender value is only offered when you enroll in a permanent life insurance policy.

From Encyclopedia.com Mar. 21, 2018

The surrender value in such a case would be £100.

From Everybody's Guide to Money Matters: with a description of the various investments chiefly dealt in on the stock exchange, and the mode of dealing therein by William Cotton

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