capital sum

American  

noun

Insurance.

1. the maximum amount collectable for accidental death or for some major disabling injury, as one resulting in the loss of an eye, leg, or arm.

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Example Sentences

The interest-only mortgage on the three-bedroom property was taken out more than 20 years ago in the hope he and his then wife would save up enough to eventually cover the capital sum.

From BBC

But there are invisible laws of compensation at work to be sure that a fixed capital sum of these things remains in place.

From BBC

The only way in which we can get to a net present value, with a 30 years grace period, that is remotely even related to the total capital sum at issue is by assuming some extremely low interest rate.

From Forbes

“It does seem to me, however, that enquiries as to what has happened to the severance payment that was made to Mr Coulson and the capital sum realised by downsizing his home are legitimate questions and Mr Coulson has agreed to answer them,” Saunders said.

From The Guardian

She was, she wrote, "wary of alienating the already hard-pressed families who had scrimped to buy a house on one of the new private estates at the market price … They would, I feared, strongly object to council house tenants who had made none of their sacrifices suddenly receiving what was in effect a large capital sum from the Government".

From The Guardian