Reduced paid-up insurance



[peyd-uhp] /ˈpeɪdˌʌp/
noun
1.
life insurance in which a nonforfeiture value is used to purchase a reduced amount of fully paid-up insurance of the same kind as the surrendered policy.

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    adjective 1. capable of being reduced. 2. Mathematics. of or relating to a polynomial that can be factored into the product of polynomials, each of lower degree. of or relating to a group that can be written as the direct product of two of its subgroups. of or relating to a set whose set of […]

  • Reducible

    adjective 1. capable of being reduced. 2. Mathematics. of or relating to a polynomial that can be factored into the product of polynomials, each of lower degree. of or relating to a group that can be written as the direct product of two of its subgroups. of or relating to a set whose set of […]



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    verb (used with object), reduced, reducing. 1. to bring down to a smaller extent, size, amount, number, etc.: to reduce one’s weight by 10 pounds. 2. to lower in degree, intensity, etc.: to reduce the speed of a car. 3. to bring down to a lower rank, dignity, etc.: a sergeant reduced to a corporal. […]



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