viatication
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Viatication — The selling of a life insurance policy by a terminally ill person, so that person can receive a benefit from the policy while still alive and the purchaser of the policy can receive a payment when the seller dies. Though viatication may seem… … Investment 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
viaticus — noun purchasing insurance policies for cash from terminally ill policy holders • Syn: ↑viatication • Derivationally related forms: ↑viatical, ↑viatical (for: ↑viatication) • Hypernyms: ↑ … Useful english dictionary
buying — noun the act of buying (Freq. 3) buying and selling fill their days shrewd purchasing requires considerable knowledge • Syn: ↑purchasing • Derivationally related forms: ↑purchase (for: ↑ … Useful english dictionary
purchasing — noun the act of buying buying and selling fill their days shrewd purchasing requires considerable knowledge • Syn: ↑buying • Derivationally related forms: ↑purchase, ↑buy (for: ↑ … Useful english dictionary
