endowment policy
21endowment mortgage — UK / US noun [countable] Word forms endowment mortgage : singular endowment mortgage plural endowment mortgages a mortgage with an endowment policy that is intended to pay back the money you have borrowed after a particular number of years …
22endowment insurance — n: life insurance in which the benefit is paid to the policyowner if he or she is still living at the end of the policy s term (as 20 years) Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. endowment insurance …
23endowment mortgage — ➔ mortgage1 * * * endowment mortgage UK US noun [C] UK PROPERTY, BANKING ► a mortgage (= a loan to buy a house) on which you pay only the interest, and also have an endowment (= insurance policy) that is intended to provide the money to pay back… …
24endowment mortgage — ► NOUN Brit. ▪ a mortgage linked to an endowment insurance policy which is intended to repay the capital sum on maturity …
25Endowment Fund — An investment fund set up by an institution in which regular withdrawals from the invested capital are used for ongoing operations or other specified purposes. Endowment funds are often used by nonprofits, universities, hospitals and churches.… …
26endowment insurance — In modern terminology, a life insurance policy which provides for the payment of the proceeds of the policy at a stated time after the date of the instrument, sometimes 20, sometimes 30 or more years, but upon the death of the insured if it… …
27policy — I n. plan principle 1) to adopt, establish, formulate, set a policy 2) to adhere to, follow, pursue; carry out, implement a policy 3) to form, shape a policy 4) a cautious; clear, clear cut; conciliatory; deliberate; established, set; firm;… …
28Endowment assurance — Insurance In*sur ance, n. [From {Insure}.] [1913 Webster] 1. The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or… …
29Endowment insurance — Insurance In*sur ance, n. [From {Insure}.] [1913 Webster] 1. The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or… …
30policy — noun 1 plan of action ADJECTIVE ▪ clear, coherent ▪ explicit, specific ▪ strict ▪ conscious, deliberate …
