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Definitions from WordNet

Definitions from the Web

Viatical

Definition:

adjective

Relating to or involving the sale of a life insurance policy, typically by someone terminally ill, to get a cash advance on their death benefit.

Sense 1:

adjective

Popular term used in the finance industry.

Example Sentence: The viatical industry has become a viable option for individuals seeking financial support during their final days.

Sense 2:

adjective

Used to describe a local agreement or arrangement.

Example Sentence: The viatical agreement between the neighbors allowed them to share the maintenance costs of their common property.

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