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词汇 endowment policy
释义

endowment policy

Related topics: Insurance
enˈdowment ˌpolicy noun [countableC] British EnglishBrE  
technicalBFI an insurance arrangement that pays you a sum of money after an agreed period of time 养老保险,定期人寿保险〔指保险公司应允在一段时间后支付一笔约定的钱款〕
Examples from the Corpus
From Longman Business Dictionary
endowment policyenˈdowment ˌpolicy [countableC]INSURANCE
an insurance policy where in return for a series of regular payments by the insured person, the insurer pays out a sum of money at the end of a specific period of time or when the insured person dies, if sooner
He took out an endowment policy ten years ago to mature when he reached the age of sixty.
policy
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