Word Study
viatical settlement
WORDNET DICTIONARY
Noun viatical settlement has 2 senses
- viatical settlement(n = noun.possession) Array - cash derived from sale of an insurance policy by a terminally ill policy holder; Array is a kind of advance death benefit
- viatical settlement(n = noun.act) viaticus settlement - sale of an insurance policy by a terminally ill policy holder; Array is a kind of liquidation, settlement
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