How to Pronounce "viatical"
word
ˌvaɪˈætɪkəɫ
vy-AT-ih-kuhl
vaɪˈætɪkəl
vy-AT-ih-kuhl
Definition
Relating to the sale of a life insurance policy by someone with a serious illness in exchange for a lump sum payment, usually less than the policy’s full value, while the person is still alive.
IPA Transcription
American English
ˌvaɪˈætɪkəɫ
British English
vaɪˈætɪkəl
Simplified Pronunciation
US
vy-AT-ih-kuhl
UK
vy-AT-ih-kuhl
Listen in Context
A viatical settlement allows a terminally ill person to access money from their life insurance.
She is considering a viatical option to cover her medical expenses.
A viatical agreement involves selling a life insurance policy before death.
If someone needs cash fast because of an illness, they might look into viatical settlements.