surrender

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surrender

The cancellation of a lease or other contract by mutual agreement of the parties.

References in periodicals archive ?
However, these profits will be heavily reduced, or possibly even negative, whenever policyholders with impaired health status sell their contracts on the secondary market instead of surrendering them.
LIFE SETTLEMENT TRANSACTIONS USUALLY result in higher returns for the policy owner than simply surrendering the policy.
But customers could be better off if, instead of surrendering it to the original insurance firm, they went to a specialist traded endowment firm instead, who sell on the policy to clients who cash-in on the eventual pay-out.
The primary issue in determining the amount of tax incurred as a result of surrendering a property to a creditor is the amount of consideration that the owner receives as a result of the surrender.
Vicky, another surrendered Maoist who researched on people for the rebels, said that he felt satisfied after surrendering because he had now left a life, which was rooted in rigid regimes in the camps leaving him with no liberty to move around.
The teen told detectives he never planned to remain a fugitive and talked to clergy and relatives before surrendering, Rahm said.
Failing to secure premises and removing most items of value are indicative of surrendering control and privacy.
Amsterdam, Feb 22 (ANI): Two international Tamil organisations have lodged a complaint in the International Criminal Court against Palitha Kohona, an Australian citizen and senior Sri Lankan diplomat, accusing him of being involved in the murder of three surrendering Tamil Tigers.
Before surrendering, the hijackers held a lengthy radio conversation with Semsettin Yusuf, the "foreign minister" of the secessionist Chechen regime, who is in Istanbul.
In addition, documents specifying the terms, conditions and procedures for surrendering and withdrawing LYONs for purchase are available through The Depository Trust Company and the paying agent.
So, I decided to come to mainstream to live happily," Sundi said after surrendering.
In addition, documents specifying the terms, conditions and procedures for surrendering and withdrawing LYONs for purchase will be available through The Depository Trust Company and the paying agent.