/ Dictionary / Index N nonforfeiture value: Meaning and Definition of Find definitions for: non•for'fei•ture val"ue Pronunciation: (non-fôr'fi-chur), [key] — Insurance. Insurance. any benefit, as cash or other form of insurance, available to a life-insurance policyholder who discontinues premium payments on the policy. Also called Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. nonflammable nonfreezing Related Content Daily Word Quiz: digression Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language