Meaning SECOND-TO-DIE INSURANCE: Insurance policy that, on the death of the spouse dying last, pays a death benefit to the heirs that is designed to cover estate taxes
More terms such as Second-to-die insurance in Dictionary S.
- Definition Seller'S Option:
- Examples Delayed settlement/delivery in a transaction second-to-die insurance definition.
- Definition Systematic:
- Examples Common to all businesses second-to-die insurance explain.
- Definition Securities Analysts:
- Examples Related: Financial analysts second-to-die insurance what is.
- Definition Subchapter S:
- Examples IRS regulation that gives a corporation with 35 or fewer shareholders the option of being taxed as a partnership to escape corporate income taxes second-to-die insurance meaning.
- Definition Stripped Yield:
- Examples Applies mainly to convertible securities. Return on the debt portion of a bond/warrant unit after subtracting the value of the issued warrant segment second-to-die insurance abbreviation.