单词 | death futures |
释义 | death futuresplural noun US informal Life insurance policies of terminally ill people, purchased by a third party at less than their mature value as a form of short-term investment. See also viatical settlement.Thanks to Ontario's passing of the Red Tape Reduction Act, viatical settlements, otherwise known as ‘death futures,’ will be making Ontario's critically ill a hot investment for U.S. brokerage firms....
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