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单词 surrender charge
释义

surrender charge

From Longman Business Dictionarysurrender chargesurˈrender charge (also surrender penalty) [countable]INSURANCE an amount of money someone owning an insurance policy has to pay if they stop the policy before it MATUREs (=becomes due for payment)Most annuities have steep surrender charges in the first seven years.Investors should always compare surrender penalties. charge
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更新时间:2025/3/22 22:38:04