IN REM

Posted on July 20, 2013July 20, 2013

A legal term referring to an action against an object or thing.

This entry was posted in . Bookmark the permalink.

Post navigation

Installment Settlement

Payment of the proceeds of a Life Insurance policy, or its cash value in installments rather than in a lump sum. The term refers to any one of the options in a Life Insurance policy that has this result.