viatical company
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viatical settlement — vi·at·i·cal settlement /vī a ti kəl / n [probably from Latin viaticum provision for a journey]: an agreement by which the owner of a life insurance policy covering a person (as the owner) with a catastrophic or life threatening illness receives… … Law dictionary
viatical settlement — viatical set·tle·ment set əl mənt n an agreement by which the owner of a life insurance policy that covers a person (as the owner) who has a catastrophic or life threatening illness receives compensation for less than the expected death benefit… … Medical dictionary
viatical settlement — noun Etymology: probably from viaticum Date: 1991 an agreement by which the owner of a life insurance policy that covers a person (as the owner) who has a catastrophic or life threatening illness receives compensation for less than the expected… … New Collegiate Dictionary
viatical settlement — Arrangement by which a terminally ill patient s life insurance policy is sold to provide funds while the insured (viator) is living. The buyer (funder), usually an investment company, pays the patient a lump sum of 50–80% of the policy s face… … Universalium
Life insurance — The foundation of life insurance is the recognition of the value of a human life and the possibility of indemnification for the loss of that value. F. C. Oviatt, Economic place of insurance and its relation to society[1] Life insurance is a… … Wikipedia
Life settlement — A life settlement is a financial transaction in which a life insurance policy owner possessing an unneeded or unwanted life insurance policy sells the policy (at fair market value) to a third party for more than the cash surrender value offered… … Wikipedia
Death bond — Death bonds are securities that are formed from a number of life insurance policies that have been purchased from their original owners by investors and pooled into bonds [1]. Contents 1 Advantages 2 Disadvantages 3 … Wikipedia
Life Partners — Life Partners, Inc. is a life settlement company headquartered in Waco, Texas. LPI s parent company, Life Partners Holdings, Inc. is listed on NASDAQ Global Market under the symbol [http://finance.yahoo.com/q?s=LPHI LPHI] . Life Partners is the… … Wikipedia
Jesse Bogdonoff — (born April 1, 1955), was financial advisor to the government of Tonga and court jester of Taufa ahau Tupou IV, the king of Tonga. He was embroiled in a financial scandal.[1] Scandal Bogdonoff made headlines in 2001 and 2002 after being accused… … Wikipedia
tonga — /tong geuh/, n. a light, two wheeled, horse drawn vehicle used in India. [1870 75; < Hindi tanga] * * * Tonga Introduction Tonga Background: The archipelago of The Friendly Islands was united into a Polynesian kingdom in 1845. It became a… … Universalium
Tonga — /tong geuh/, n. a Polynesian kingdom consisting of three groups of islands in the S Pacific, NE of New Zealand: a former British protectorate. 100,105; ab. 270 sq. mi. (700 sq. km). Cap.: Nukualofa. Also called Tonga Islands, Friendly Islands.… … Universalium
