surrender charge

English - Turkish

Definition of surrender charge in English Turkish dictionary

İştira değeri

Satın alma değeri

English - English

Definition of surrender charge in English English dictionary

A fee levied on a life insurance policyholder upon cancellation of his or her life insurance policy. The fee is used to cover the costs of keeping the insurance policy on the insurance provider's books, surrender fee

Hyphenation

sur·ren·der charge

Turkish pronunciation

sırendır çärc

Pronunciation

/sərˈendər ˈʧärʤ/ /sɜrˈɛndɜr ˈʧɑːrʤ/