cash value

Noun

Meaning

cash value (plural cash values)

(insurance) Surrender value.

Source: en.wiktionary.org

Synonyms

market value

Examples

A book is worth a few francs; we Germans can afford to destroy those. We all may not appreciate artistic merit, but cash value is another matter. Paul Scofield

Bonus prize, if awarded, will be awarded as credits at any participating Sponsor location(s) as selected and designated by winner; and has no cash value, and may not be exchanged or redeemed for any other prize. Source: Internet

As with other universal life insurance policies, it has the potential to accumulate cash value over time. Source: Internet

A whole life insurance policy allows you to build cash value that you can draw against later on. Source: Internet

If the seller can’t repair the pressure cooker, they will replace the product or part, or they will refund the cash value of the device or the component you return. Source: Internet

The policy is based upon the actual cash value (ACV) of the automobile. Source: Internet

Close letter words and terms

cash surrender value cash to spend cash up cash with order cash withdrawal cash wrap