English noun: viatical settlement | |||
1. | viatical settlement (possession) cash derived from sale of an insurance policy by a terminally ill policy holder | ||
Broader (hypernym) | advance death benefit | ||
2. | viatical settlement (act) sale of an insurance policy by a terminally ill policy holder | ||
Synonyms | viaticus settlement | ||
Broader (hypernym) | liquidation, settlement | ||