What is another word for traditional embedded value?
Pronunciation: [tɹɐdˈɪʃənə͡l ɛmbˈɛdɪd vˈaljuː] (IPA) 
Traditional embedded value (TEV) is a term used in the insurance industry to determine the value of a life insurance policy. It consists of the premiums that policyholders pay in addition to accumulated interest, minus the expenses and claims paid out during the policy term. However, there are a few synonyms for TEV that may be used in different contexts, including book value, net worth, or intrinsic value. Book value refers to the total value of a company's assets minus the liabilities, while net worth is the difference between the total assets and liabilities. Intrinsic value is an estimate of an asset's true worth based on its perceived value to investors.
