Glossary entry

English term or phrase:

cash surrender

Croatian translation:

aktualna otkupna vrijednost osiguranja

Added to glossary by milijana trobradovic
Nov 3, 2010 13:34
13 yrs ago
6 viewers *
English term

cash surrender

English to Croatian Bus/Financial Economics
Recenica glasi: refrain from borrowing any part of the cash surrender value of life insurance policies...

Proposed translations

9 mins
Selected

aktualna otkupna vrijednost osiguranja

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10 mins

otkupna vrijednost

Riječ je o otkupnoj vrijednosti police, barem prema definiciji "cash surrender" i "otkupne vrijednosti"
Reference:

http://goo.gl/VEjGL

Peer comment(s):

agree Sasa Kalcik
4 mins
agree bonafide1313
1 hr
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Reference comments

1 min
Reference:

Cash surrender value

The sum of money an insurance company will pay to the policyholder or annuity holder in the event his or her policy is voluntarily terminated before its maturity or the insured event occurs. This cash value is the savings component of most permanent life insurance policies, particularly whole life insurance policies. Also known as "cash value", "surrender value" and "policyholder's equity"
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