cash value

noun Insurance.

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

Origin of cash value

First recorded in 1895–1900

Words nearby cash value

cash on delivery, cash on the barrelhead, cash ratio, cash register, cash up, cash value, cash-and-carry, cash-book, cash-for-questions, cash-in, cash-out

Example sentences from the Web for cash value

  • And this cash-value, it is needless to say, is verbatim et literatim what our empiricist account pays in.

    Essays in Radical Empiricism |William James

  • And this cash-value, it is needless to say, is verbatim et liberatim what our empiricist account pays in.

    The Meaning of Truth |William James