Viatical
adjective
1.
of or relating to a viaticum.
2.
of or relating to a financial transaction in which a company buys life insurance policies from the terminally ill at less than their face value and may sell the policies to investors:
viatical settlements.
adjective
1.
of or denoting a road or a journey
2.
(botany) (of a plant) growing by the side of a road
Read Also:
- Viatical investment
noun See death futures
- Viatical settlement
noun 1. the purchase by a charity of a life assurance policy owned by a person with only a short time to live, to enable that person to use the proceeds during his or her lifetime See also death futures
- Viatical statement
noun a term for a life insurance policy of a terminally ill person that is bought by a third party as an investment, which gives financial benefits to the ill person while alive and the investor upon the death; also called death futures
- Viaticum
noun, plural viatica [vahy-at-i-kuh, vee-] /vaɪˈæt ɪ kə, vi-/ (Show IPA), viaticums. 1. Ecclesiastical. the Eucharist or Communion as given to a person dying or in danger of death. 2. (among the ancient Romans) a provision or allowance for traveling, originally of transportation and supplies, later of money, made to officials on public missions. 3. […]
- Viator
noun, plural viatores [vahy-uh-tawr-eez, -tohr-] /ˌvaɪ əˈtɔr iz, -ˈtoʊr-/ (Show IPA) 1. a wayfarer; traveler. noun (pl) viatores (ˌvaɪəˈtɔːriːz) 1. (rare) a traveller