Viatical meaning

vī-ăt'ĭ-kəl
Of or relating to traveling, a road, or a way.
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Of or relating to a contractual arrangement in which a business buys life insurance policies from terminally ill patients for a percentage of the face value.

A viatical settlement.

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Of or pertaining to a journey; viatic.
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Describing the purchase of an insurance policy from a holder who is terminally ill.
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Origin of viatical

  • From Latin viāticus relating to a journey from via road via Sense 2, from viaticum
    From American Heritage Dictionary of the English Language, 5th Edition