Usually means: Selling life insurance policy early.
Definitions Related words Mentions
We found 7 dictionaries that define the word life settlement:

General (2 matching dictionaries)
  1. life-settlement: Wordnik
  2. Life settlement: Wikipedia, the Free Encyclopedia

Business (5 matching dictionaries)
  1. life settlement: Merriam-Webster Legal Dictionary
  2. Life Settlement: Investopedia
  3. Life Settlement: Financial dictionary
  4. Yahoo Tax Center Glossary (No longer online)

Definitions from Wikipedia (Life settlement)

noun:  A life settlement or viatical settlement (from Latin viaticum, something received before death)Entry for "Viatical Settlement" at Merriam-Webster On-Line Dictionary, retrieved November 12, 2012, at http://www.merriam-webster.com/dictionary/viatical settlement is the sale of an existing life insurance policy (typically of seniors) for more than its cash surrender value, but less than its net death benefit, to a third party investor.


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