Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Cash Surrender Value Option

In a life insurance policy, this is the amount of money, adjusted for factors like policy loans or late premiums, which would be received by the policy owner if he/she were to cancel the coverage and surrender the policy to the insurance company. Also known as the net cash value.

Previous

Cash Surrender Value

Next

Cash Value

POPULAR BLOGS

POPULAR BLOGS

The Top Machine Learning Skills in Demand in 2026

Read More

Emerging AI Skills in Demand in 2026

Read More

United States and Canada Minimum Wage Updates - July 2026

Read More

View All Blogs

Explore Compensation Solutions

Pay Equity

Salary Survey Management

Shift Differentials

View All Solutions

WHITE PAPERS

Top Performing White Papers

National Compensation Forecast April 2026

Read More

Compensation Strategies for Remote Work and Organizational Culture – Fall 2025

Read More

Planning Global Compensation Budgets for 2026 - January 2026

Read More

View All White Papers

Popular Searches

Scope Data Dues and Membership Fees Deposit Administration Contract Pay Position Strategy Proxy Statement Job Descriptions Hiring Rate Slotting Relation of Earnings to Insurance Clause Lead-Lag Pay Structure Policy

Featured White Paper

Common Compensation Terms and Formulas - January 2026

Includes the latest updates: Compensable factors, defined benefit plan, job leveling, lead differential, shift differential and more.
Salary structure formulas and strategies

Download Now