viatical settlement meaning and definitionDefinition and meaning of viatical settlement at MeaningMonkey.org. viatical settlement meaning and definition in the English Dictionary.
VIATICAL SETTLEMENT noun
Definition of viatical settlement (noun)
- cash derived from sale of an insurance policy by a terminally ill policy holder
- sale of an insurance policy by a terminally ill policy holder
- synonyms: viaticus settlement
Source: Princeton University Wordnet