decreasing term assurance
decreasing term assurance noun: term assurance with a sum assured that decreases over the term of the contract.
Noun
decreasing term assurance (uncountable)
- Term assurance with a sum assured that decreases over the term of the contract.
Forms of decreasing term assurance
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Questions about decreasing term assurance
- What does decreasing term assurance mean?
- Decreasing term assurance means term assurance with a sum assured that decreases over the term of the contract.
- What part of speech is decreasing term assurance?
- Decreasing term assurance is a noun.
Words near decreasing term assurance in the dictionary
Source and license
Adapted from Wiktionary: decreasing term assurance (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “decreasing term assurance.” Word.ws, https://word.ws/decreasing_term_assurance. Based on Wiktionary, CC BY-SA 4.0.
