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viatical
(redirected from Viaticals)

    Also found in: Financial, Wikipedia 0.01 sec.
vi·at·i·cal  (v-t-kl)
adj.
1. or vi·at·ic (v-tk) Of or relating to traveling, a road, or a way.
2. Of or relating to a contractual arrangement in which a business buys life insurance policies from terminally ill patients for a percentage of the face value: a viatical settlement.
[From Latin viticus, relating to a journey, from via, road; see via. Sense 2, from viaticum.]
viatical [vaɪˈætɪkəl]
adj
1. of or denoting a road or a journey
2. (Life Sciences & Allied Applications / Botany) Botany (of a plant) growing by the side of a road
[from Latin viāticus belonging to a journey + -al1]
ThesaurusLegend:  Synonyms Related Words Antonyms
Adj.1.viatical - pertaining to the purchase of insurance policies from terminally ill policy holders; "viatical business"; "viatical companies"; "National Viatical Association"
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CNA in the 1990s was the first, initially in viaticals, but stopped buying policies in 2001.
A big step up: if the life settlement industry can make its business ... by Panko, Ron / Best's Review
Auction categories available: Annuity/settlements, prizes and awards buyouts; Consumer contracts, loans and debts; Judgments, charity, fees and revenue streams; Real estate debt, institutional and privately held; Tax liens; Venture capital and asset-based lending debt; Viaticals (death benefit buyouts); Consumer collectible debt; Government payouts and contracts.
Buy your debts here by Real Estate Weekly
A viaticals is a way for terminally ill patients to get the benefit of life insurance proceeds before death by selling the beneficiary rights at a discount.
Viaticals Under Watch of Securities Department by Friedman, Mark / Arkansas Business
 
 
 
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