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Legal Definitions - CSV
If the law is on your side, pound the law. If the facts are on your side, pound the facts. If neither the law nor the facts are on your side, pound the table.
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Definition of CSV
CSV stands for "cash surrender value" in the context of insurance policies. It refers to the amount of money that can be received if the policy is redeemed before maturity or death.
For example, if someone has a whole-life insurance policy and decides to cancel it before the end of the term, they may receive the CSV as a payout. This value is determined by the policy's terms and the amount of premiums paid.
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Simple Definition
A CSV is a type of file that stores information in a table format, with each row representing a separate record and each column representing a different attribute of that record. It's often used to store data that can be easily imported and exported between different software programs.
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