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- Dictionarycapital sum
noun
- 1. a lump sum of money payable to an insured person or paid as an initial fee or investment: "an endowment policy pays a capital sum to the insured at a specified time in the future, or on death if earlier"
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CAPITAL SUM definition: an amount of money paid at one time, for example, by an insurance company, on an investment, or as…. Learn more.
Definition of 'capital sum' Word Frequency. capital sum in British English. (ˈkæpɪtəl sʌm ) noun. insurance. an amount of money paid to an insured person or paid as an initial fee or investment. They pay a capital sum if death occurs during the life of the policy. Collins English Dictionary. Copyright © HarperCollins Publishers. Word Frequency.
capital sum meaning: an amount of money paid at one time, for example, by an insurance company, on an investment, or as…. Learn more.
The capital sum is the amount payable for the accidental loss of eyesight or for an accidental dismemberment. It is usually a percentage of the principal sum and varies according to the severity of the injury.
From Longman Business Dictionary capital sum ˌcapital ˈsum 1 FINANCE a single amount of money paid out to an investor by an investment, rather than a series of payments Corporate bonds pay a fixed rate of interest and then a capital sum on the bond’s maturity. 2 INSURANCE a single payment to an insured person if certain conditions are met ...
Capital sum definition: the maximum amount collectable for accidental death or for some major disabling injury, as one resulting in the loss of an eye, leg, or arm.. See examples of CAPITAL SUM used in a sentence.
Definition of capital sum noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
capital sum meaning, definition, what is capital sum: a single amount of money paid out to an ...: Learn more.
strictly required, as by etiquette, usage, or fashion. in fact; in reality. too much; too many. TAKE THE QUIZ TO FIND OUT. Also called principal sum. Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024. How to use capital sum in a sentence.
The meaning of CAPITAL SUM is the amount specified for maximum injury or damage in an insurance policy.
