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Simple English definitions for legal terms
CSV
Read a random definition: forcible entry and detainer
A quick definition of CSV:
A CSV is a type of file that stores information in a table format, with each row representing a separate record and each column representing a different attribute of that record. It's often used to store data that can be easily imported and exported between different software programs.
A more thorough explanation:
CSV stands for "cash surrender value" in the context of insurance policies. It refers to the amount of money that can be received if the policy is redeemed before maturity or death.
For example, if someone has a whole-life insurance policy and decides to cancel it before the end of the term, they may receive the CSV as a payout. This value is determined by the policy's terms and the amount of premiums paid.