guaranteed sum
Frequency: 6.85.9 per million words
an amount of money that is assured to be paid
Categories:
Examples (10)
- The life insurance policy pays out a guaranteed sum upon death.
- This investment product offers a guaranteed sum after five years, regardless of market performance.
- The court ordered the company to pay a guaranteed sum of $1 million in damages.
- Upon retirement, you will receive a guaranteed sum annually from your annuity.
- The contract specifies a guaranteed sum for the completion of the project.
- Is this the guaranteed sum I will receive, or are there deductions?
- If the policyholder is diagnosed with a critical illness, a guaranteed sum is paid out immediately.
- Last year, the fund paid out its guaranteed sum to all eligible investors.
- He chose the plan with a lower premium, even though it meant a smaller guaranteed sum for his beneficiaries.
- The terms and conditions clearly state the guaranteed sum assured under this policy.