surrender

surrender
I. surrender sur‧ren‧der 1 [səˈrendə ǁ -ər] verb
1. [transitive] INSURANCE if you surrender an insurance policy, you stop it before it mature S (= becomes due for payment) and receive only a part of what it would have been worth if you had kept it:

• Many policyholders had held their annuities for years because of heavy penalties for surrendering them.

• The firm paid out $1.33 billion in the first quarter to customers surrendering insurance policies.

— compare redeem
2. [intransitive, transitive] if someone surrenders their power, influence, high position etc, they allow someone else to have it:

• Eight months after taking over the running of the business, she surrendered that authority to a man who had only just joined.

• He plans to surrender his majority ownership of the company.

3. [transitive] JOURNALISM FINANCE if shares etc surrender their value, price etc, the value, price etc falls:

• After surrendering 39% of its value in the early 1990s, the Nikkei average has moved steadily upwards.

4. [transitive] LAW to give something to an official authority when it is asked for:

• Under the Bankruptcy Code, debtors must surrender most of their assets.

• The seven men have been granted bail on condition that their passports be surrendered.

  [m0] II. surrender surrender 2 noun [countable, uncountable] INSURANCE
the act of stopping an insurance policy before it mature S (= becomes due for payment):

• Last year's losses follow a flood of policy surrenders.

• Any profit arising on surrender or maturity will be taken into account.

* * *

Ⅰ.
surrender UK US /səˈrendər/ verb [T]
to give up something or control over something: »

Generally, the amount paid by the lessee to surrender the lease will be liable to capital gains tax.

»

Britain may be forced to surrender at least some of its voting power in the IMF.

surrender sth to sb »

He was granted bail, on condition that he surrender his passport to the authorities.

INSURANCE to end an insurance policy early, before its original end date: »

Policy-holders who need to dispose of their policies can see if they would do better to sell rather than surrender the policy.

FINANCE to lose value: »

Yesterday on the money markets the euro surrendered its earlier gains against the dollar.

Ⅱ.
surrender UK US /səˈrendər/ noun [C or U]
the act of giving up something, or giving control of something to someone else: »

The penalty for early surrender of pensions remains at 25%.

»

The union was forced into a surrender of some recent gains in the latest round of negotiations.

INSURANCE the act of ending an insurance policy early, before its original end date: »

You will have to pay a fee for the early surrender of your policy.


Financial and business terms. 2012.

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  • Surrender — or surrendering may refer to: * Surrender (military), capitulation * Surrender (spirituality and psychology), the relinquishment of one s own will * Surrender (film), starring Sally Field and Michael Caine * Surrender (1931 film), starring Warner …   Wikipedia

  • surrender — sur·ren·der 1 vt 1 a: to yield to the control or possession of another surrender the leased premises surrender collateral to a creditor b: to give up completely or agree to forgo c: to cancel (one s insurance policy) voluntarily 2: to g …   Law dictionary

  • Surrender — puede referirse a: Surrender, álbum de The Chemical Brothers año 1999 ; Surrender, álbum de Diana Ross (→ en); Surrender, canción de U2; Surrender, película de 1931 (→ en); Surrender, película de 1987 (→ en); Surrender, canción de Cheap Trick;… …   Wikipedia Español

  • surrender — vb abandon, resign, *relinquish, yield, leave, cede, waive Analogous words: *abdicate, renounce: *forgo, forbear, sacrifice, eschew: submit, capitulate, succumb (see YIELD): *commit, consign, confide, entrust surrender …   New Dictionary of Synonyms

  • Surrender — Sur*ren der, v. t. [imp. & p. p. {Surrendered}; p. pr. & vb. n. {Surrendering}.] [OF. surrendre to deliver; sur over + rendre to render. See {Sur }, and {Render}.] 1. To yield to the power of another; to give or deliver up possession of… …   The Collaborative International Dictionary of English

  • Surrender — Sur*ren der, n. 1. The act of surrendering; the act of yielding, or resigning one s person, or the possession of something, into the power of another; as, the surrender of a castle to an enemy; the surrender of a right. [1913 Webster] That he may …   The Collaborative International Dictionary of English

  • Surrender — «Surrender»  альбом группы «The Chemical Brothers» и одноимённая песня с него. «Surrender»  песня Роджера Тэйлора. «Surrender»  англоязычная версия неаполитанской песни Э. де Куртиса «Вернись в Сорренто», аранжированная для Элвиса… …   Википедия

  • surrender — [sə ren′dər] vt. [ME surrendren < MFr surrendre < sur , up (see SUR 1) + rendre, to RENDER] 1. to give up possession of or power over; yield to another on demand or compulsion 2. to give up claim to; give over or yield, esp. voluntarily, as …   English World dictionary

  • surrender — [n] giving up; resignation abandonment, abdication, acquiescence, appeasement, capitulation, cessation, dedition, delivery, giving way, relenting, relinquishment, renunciation, submission, succumbing, white flag*, yielding; concepts… …   New thesaurus

  • surrender — ► VERB 1) stop resisting an opponent and submit to their authority. 2) give up (a person, right, or possession) on compulsion or demand. 3) (surrender to) abandon oneself entirely to (a powerful emotion or influence). 4) cancel (a life insurance… …   English terms dictionary

  • Surrender — Sur*ren der, v. i. To give up one s self into the power of another; to yield; as, the enemy, seeing no way of escape, surrendered at the first summons. [1913 Webster] …   The Collaborative International Dictionary of English

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