Meaning LIVING BENEFITS: Life insurance benefits from which the insured can draw cash while still living, usually in the case of some high-cost illness
More terms such as Living benefits in Dictionary L.
- Definition Liquidator:
- Examples Person appointed by an unsecured creditor in the United Kingdom to oversee the sale of an insolvent firm's assets and the repayment of its debts living benefits definition.
- Definition Lock-Up CDs:
- Examples with the tacit understanding that the buyer will not trade the certificate. Quite often, the issuing bank will insist that it hold the certificate for safekeeping by it to ensure that the buyer living benefits explain.
- Definition Life Cycle:
- Examples The lifetime of a product or business, from its creation to its demise or transformation living benefits what is.
- Definition Leveraged Buyout (LBO):
- Examples to take a public corporation private that is financed through debt such as bank loans and bonds. Because of the large amount of debt relative to equity in the new corporation, the bonds are typically living benefits meaning.
- Definition Leaseback:
- Examples A transaction that involves the sale of some property, and an agreement by the seller to lease the property back from the buyer after the sale living benefits abbreviation.
