cash value

noun

, Insurance.

1. the nonforfeiture value of a life-insurance policy payable to the insured in cash upon its surrender.

Word History and Origins

Origin of cash value¹

First recorded in 1895–1900

Example Sentences

Plenty of people still want a beautiful, loving mate more than they want the cash value of such a person.

From The Daily Beast

He was also quick to point out that Facebook compensates its employees by translating a fixed cash value into shares.

From The Daily Beast

The determination of the cash value of the rent where the crop is shared is a very difficult task.

From Project Gutenberg

The amount of municipal and local aid can only be a matter of guess work, even nominally, to say nothing of its real cash value.

From Project Gutenberg

The government to pay full cash value for slaves voluntarily manumitted by their owners.

From Project Gutenberg

The saving in lime is stated to be one ton for each ton of sodium carbonate produced, or in cash value about 10s.

From Project Gutenberg

Has this code any social "cash value" when it is brought to bear on the lawyer's clerk who forged a cheque to save a woman?

From Project Gutenberg