What is the meaning of viatical settlement?

noun

  • Cash derived from sale of an insurance policy by a terminally ill policy holder.
  • Sale of an insurance policy by a terminally ill policy holder.
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). viatical settlement. Retrieved September 22, 2026, from http://smartdefine.org/viatical_settlement/definitions/1189583
ChicagoWordNet. 2010. "viatical settlement" http://smartdefine.org/viatical_settlement/definitions/1189583 (accessed September 22, 2026).
HarvardWordNet 2010, viatical settlement, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/viatical_settlement/definitions/1189583>.
MLAWordNet. "viatical settlement" 23 October 2010. Web. 22 September 2026. <http://smartdefine.org/viatical_settlement/definitions/1189583>