How to Pronounce "viaticals"
word
ˌvaɪˈætɪkəɫ
vy-AT-ih-kuhlz
vaɪˈætɪkəlz
vy-AT-ih-kuhlz
Definition
Viaticals are financial products involving the sale of a life insurance policy by the policyholder to a third party, who then receives the death benefit when the original holder dies. They are usually used by terminally ill people who need money before death.
IPA Transcription
American English
ˌvaɪˈætɪkəɫ
British English
vaɪˈætɪkəlz
Simplified Pronunciation
US
vy-AT-ih-kuhlz
UK
vy-AT-ih-kuhlz
Listen in Context
Many people with terminal illnesses sell their insurance policies as viaticals.
Investing in viaticals can be risky but sometimes profitable.
My uncle learned about viaticals when he was planning his finances.
Some people use viaticals as an alternative way to access cash when facing huge medical bills.