| 单词 | surrender |
| 释义 | surrender surrender // verb, noun
■ verb
1 (Insurance ) [+ obj] if you surrender a life insurance agreement you end it before its official end date and receive back part of the money you have paid: People surrendering their policies early will now have a fifth of their money deducted.
2 (Finance ) [+ obj] (usually used in newspapers) if a share, an index, etc. surrenders a particular amount, its value falls by that amount: The Nasdaq has surrendered 6% in the last two weeks. The dollar surrendered early gains against the euro and the yen.
3 [+ obj or no obj] to give up sth when you are forced to or when it is difficult for you to continue: They did not want to surrender control of key companies to foreign control. In June the vice-chairman surrendered to shareholder pressure and resigned. The defendant was released to await trial but had to surrender her passport. He surrendered chairmanship of the group after the profit warning.
■ noun
1 (Insurance ) [C,U] an act of ending a life insurance agreement before its official end date: The company plans to impose a 10% penalty on early policy surrenders. The surrender value (= the amount you get when you end a policy) of my policy has fallen again.
a surrender charge/fee/penalty/value
2 [U; sing.] an act of giving up sth when you are forced to or when it is difficult for you to continue: Conditions included the surrender of her passport. |
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