viatical
Americanadjective
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of or relating to a viaticum.
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of or relating to a financial transaction in which a company buys life insurance policies from the terminally ill at less than their face value and may sell the policies to investors.
viatical settlements.
adjective
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of or denoting a road or a journey
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botany (of a plant) growing by the side of a road
Etymology
Origin of viatical
C19: from Latin viāticus belonging to a journey + -al 1
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.
A decade ago, Fred worked as a sales representative for a company called Vespers, which arranged viatical settlements for terminally ill policyholders.
From New York Times • Aug. 10, 2012
But it was crime and people went to prison — people like our old friend Gar Hogan, sentenced to 28 years in prison for the crime of viatical fraud.
From Salon • Aug. 10, 2012
In response, financial planners established the viatical business.
From New York Times • Aug. 10, 2012
One viator who went through Alpha Capital Group, a viatical provider that is fighting a cease-and-desist order from Washington State, ultimately received $5,400, or 6% of the policy's $90,000 face value.
From Time Magazine Archive
Many viatical deals are marketed to seniors looking for a slightly better return on their retirement income.
From Time Magazine Archive
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.
