surrender value
Americannoun
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.
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
These policies usually do not have a surrender value, which means that if you want to “cash out” this policy, you may only get the value of the premiums you have paid.
From Encyclopedia.com • Sep. 19, 2018
However, as time passes, the cash surrender value of your whole life or universal life policy will begin to increase.
From Encyclopedia.com • Mar. 21, 2018
But if the insured had taken his bonuses in cash, or his policy did not carry profits, then the surrender value would be £82 10s. only.
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 Cotton, William
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.
