viaticate

vi·at·i·cate

verb \vī-ˈat-i-ˌkāt\

vi·at·i·cat·edvi·at·i·cat·ing

Definition of VIATICATE

transitive verb

: to sell or assign (a life insurance policy) in a viatical settlement

intransitive verb

: to sell or assign a life insurance policy in a viatical settlement

—vi·at·i·ca·tion \vī-ˌat-i-ˈkā-shən\ noun