| 单词 | maturity value |
| 释义 | maturity value in Insurance (mətʃʊərɪti vælyu) Word forms: (regular plural) maturity values noun (Insurance: Life insurance) maturityThe maturity value of a life insurance policy is the amount of money that is paid out when it matures. The maturity value of an insurance policy becomes payable when the contract finishes or matures. The maturity value of an endowment contract is the proceeds payable on it at the end of the specifiedendowment period. The maturity value of a life insurance policy is the amount of money that is paid out when it matures. |
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