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  1. viatical love

Definitions

American Heritage® Dictionary of the English Language, Fourth Edition

  1. adj. Of or relating to traveling, a road, or a way.
  2. adj. Of or relating to a contractual arrangement in which a business buys life insurance policies from terminally ill patients for a percentage of the face value: a viatical settlement.

Wiktionary

  1. adj. Of or pertaining to a journey; viatic
  2. adj. Describing the purchase of an insurance policy from a holder who is terminally ill

WordNet 3.0

  1. adj. pertaining to the purchase of insurance policies from terminally ill policy holders

Etymologies

  1. From Latin viāticus, relating to a journey, from via, road; see via. Sense 2, from viaticum. (American Heritage® Dictionary of the English Language, Fourth Edition)

Examples

  • “This type of transaction is called a viatical life settlement.”

    Guerrilla Marketing

  • “Enter Jesse Bogdonoff, an American employee at the bank who convinced the king to invest the money in a pool of insurance backed investments called viatical contracts, managed by Millennium Asset Management.”

    Gothamist

  • “If you Google the words "viatical" and "scam" or "viatical" and "fraud," you'll eventually come upon stories about Florida Democrat Bill Nelson, who found himself embroiled in the middle of a viatical settlement scandal (read this, for example).”

    terryfrank.net

  • “As the residents aged, as the Hillside Home began to market itself to a sicker population, Gary used the band's appearances to evaluate acquisitions for his brother's viatical funds.”

    Fictionaut: Chameleon

  • “As he looks into the circumstances surrounding the death, he learns about viatical settlements.”

    Who’s Thrilling You Now? –The New Guns of the Thriller Genre; an Author Panel

  • “It is, if you invest in a life insurance product called a viatical.”

    Who’s Thrilling You Now? –The New Guns of the Thriller Genre; an Author Panel

  • “I thought they were already doint this with viatical settlements?”

    What could go wrong? (Jack Bog's Blog)

  • “Investor funds collected by American Benefits were forwarded to another viatical (death futures) settlement company, Financial Federated Title & Trust, which spent only $6 million to buy interests in actual life insurance policies.”

    The Coming Death Bubble

  • “Patients needed money for treatment and viatical settlements provided the perfect vehicle for that.”

    A Killer Idea

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‘viatical’ has been looked up 707 times, loved by 1 person, added to 5 lists, and has a Scrabble score of 13.