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单词 term
释义

term

term1. The period of time before a security expires or is redeemed. term assurance(temporary assurance) A life-assurance policy that operates for a specified period of time. No benefit is paid if the insured person dies outside the period. This form of insurance is often used to cover the period of a loan, mortgage, etc. If the insured person dies before the loan has been repaid, it is settled by the insurance company. See alsodecreasing term assurance.

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更新时间:2025/3/13 19:32:21