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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.
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