also: かけずて
noun, noun which may take the genitive case particle 'no'
fixed-term payment; non-refundable premium
Typically used in insurance contexts to describe a policy where premiums are paid for a set term and are not returned if no claim is made. Often appears as 掛け捨て保険.
stopping payment; lapsing a policy
Refers to the act of discontinuing premium payments, causing the insurance to lapse. Often used in the pattern 掛け捨てにする. Less common than sense 1.
I took out a term life insurance policy (with no refund of premiums).
Non-refundable premium insurance has low monthly payments.
Due to financial difficulties, I let my insurance lapse.
Standard kanji spelling; the reading かけすて is the most common.
Alternate reading かけずて; rare and possibly archaic or dialectal. The common reading is かけすて.
Variant spelling without okurigana け; less common but still encountered.
Compound of 掛け (かけ, 'payment, installment') + 捨て (すて, 'throwing away, discarding'). The literal sense is 'pay and throw away', reflecting the non-refundable nature of such payments.