What is the definition of Value net? | Dictionary.net

VALUE NET

\vˈaljuː nˈɛt], \vˈaljuː nˈɛt], \v_ˈa_l_j_uː n_ˈɛ_t]\

Definitions of VALUE NET

1910 - Black's Law Dictionary (2nd edition)

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A term in insurance policies when the insurer must keep an amount aside from annual premiums in order to meet his obligations to the insured person.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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