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- DictionaryCap·i·tal sum/ˈkapədl səm/
noun
- 1. a lump sum of money payable to an insured person or paid as an initial fee or investment: "an endowment policy pays a capital sum to the insured at a specified time in the future, or on death if earlier"
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Capital sum definition: the maximum amount collectable for accidental death or for some major disabling injury, as one resulting in the loss of an eye, leg, or arm..
- Capital Resources
Capital resources definition: . See examples of CAPITAL...
- Capital Surplus
Capital surplus definition: the surplus of a business,...
- Capital Transfer Tax
Capital transfer tax definition: (in Britain) a tax payable...
- Capital Structure
Capital structure definition: the apportionment of all the...
- Capital Ship
Capital ship definition: one of a class of the largest...
- Capital Resources
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CAPITAL SUM definition: an amount of money paid at one time, for example, by an insurance company, on an investment, or as…. Learn more.
The principal sum is the stated amount payable as a death benefit if death is due to an accident. For instance: Joe took out a disability income policy for $100,000 and suffered an accident in which he died - the policy will pay $100,000. The capital sum is the amount payable for the accidental loss of eyesight or for an accidental dismemberment.
CAPITAL SUM meaning: an amount of money paid at one time, for example, by an insurance company, on an investment, or as…. Learn more.
capital sum: [noun] the amount specified for maximum injury or damage in an insurance policy.
Definition of capital sum noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Insurance an amount of money paid to an insured person or paid as an initial fee or investment.... Click for English pronunciations, examples sentences, video.