viatical
noun see viatical settlement

New Collegiate Dictionary. 2001.

Look at other dictionaries:

  • viatical — UK US /vaɪˈætɪkəl/ adjective INSURANCE ► relating to the sale of life insurance policies sold by a dying person to someone else at a price lower than the value of the policy: »The viatical investor paid $80,000 for the $100,000 life insurance… …   Financial and business terms

  • viatical — (adj.) 1847, from L. viaticus, from via way (see VIA (Cf. via)) + AL (Cf. al) (1) …   Etymology dictionary

  • viatical — adjective pertaining to the purchase of insurance policies from terminally ill policy holders viatical business viatical companies National Viatical Association • Pertains to noun: ↑viatication • Derivationally related forms: ↑viaticus, ↑ …   Useful english dictionary

  • viatical — vi·at·i·cal vī at i kəl adj of, concerned with, or dealing in viatical settlements <adding provisions to the state s viatical law to better protect consumers (J. T. Fakler)> …   Medical dictionary

  • viatical — /vuy at i keuhl, vee /, adj. 1. of or pertaining to a viaticum. 2. of or pertaining to a form of insurance business that pays off on the insurance policies of the terminally ill. * * * …   Universalium

  • viatical — adjective a) Of or pertaining to a journey; viatic b) Describing the purchase of an insurance policy from a holder who is terminally ill …   Wiktionary

  • viatical — vi·at·i·cal …   English syllables

  • viatical — vi•at•i•cal [[t]vaɪˈæt ɪ kəl, vi [/t]] adj. 1) rel of or pertaining to a viaticum 2) ins of or pertaining to a form of insurance business that pays off on the insurance policies of the terminally ill. Etymology: 1845–50 …   From formal English to slang

  • viatical settlement — vi·at·i·cal settlement /vī a ti kəl / n [probably from Latin viaticum provision for a journey]: an agreement by which the owner of a life insurance policy covering a person (as the owner) with a catastrophic or life threatening illness receives… …   Law dictionary

  • viatical settlement — viatical set·tle·ment set əl mənt n an agreement by which the owner of a life insurance policy that covers a person (as the owner) who has a catastrophic or life threatening illness receives compensation for less than the expected death benefit… …   Medical dictionary

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