surrender (noun)
1surrender penalty — ➔ penalty * * * surrender penalty UK US noun [C] (also surrender charge) ► INSURANCE a charge made by an insurance company for ending an insurance policy early, before its original end date: »The company will levy a surrender penalty, which is 3% …
2surrender — ► VERB 1) stop resisting an opponent and submit to their authority. 2) give up (a person, right, or possession) on compulsion or demand. 3) (surrender to) abandon oneself entirely to (a powerful emotion or influence). 4) cancel (a life insurance… …
3surrender value — noun : the cash value of an insurance policy that may be taken in cash or applied to the purchase of fractional paid up or extended term insurance * * * surˈrender value 7 [surrender value] noun the amount of money that you get if you end a life… …
4surrender by bail — noun see surrender II …
5surrender — early 15c., to give (something) up, from O.Fr. surrendre give up, deliver over (13c.), from sur over (see SUR (Cf. sur )) + rendre give back (see RENDER (Cf. render)). Reflexive sense of to give oneself up (especially as a prisoner) is from 1580s …
6surrender by bail — noun see surrender II, 1d …
7surrender value — noun the amount payable to a person who surrenders a life insurance policy …
8surrender charge — noun : a forfeit or penalty generally charged by a life insurance company against the value of a policy surrendered or allowed to lapse …
9surrender — ▪ I. surrender sur‧ren‧der 1 [səˈrendə ǁ ər] verb 1. [transitive] INSURANCE if you surrender an insurance policy, you stop it before it mature S (= becomes due for payment) and receive only a part of what it would have been worth if you had kept… …
10surrender — [[t]səre̱ndə(r)[/t]] ♦♦♦ surrenders, surrendering, surrendered 1) VERB If you surrender, you stop fighting or resisting someone and agree that you have been beaten. General Martin Bonnet called on the rebels to surrender... [V to n] We ll never… …