This study is designed primarily to understand the meaning of life and death perceived by terminal cancer patients. The research interviewed twenty six terminal cancer patients and all interviews were recorded in a non-structured way and analyzed with Giorgi’s qualitative method of phenomenology. The result of this analysis reveals that the terminal cancer patient has realized the meaning of life and death in four respects. (1) Responsibility-assumption and relief-the patient perceives the meaning of life and death according to the mission assigned by society, family and God/Nature; to live is to take up and accomplish unfinished tasks, and to die is to be relieved of all of the trouble of work. (2) Love-deep love and severing of relationships-the patient perceives the meaning of life and death through the intimate feelings and warmth of people, and God’s love and concern which makes his/her life warmth of his/her, and God’s love and concern which makes his/her life more meaningful. (3) Hope-destruction and resurrection-the patient perceives the meaning of life and death when facing the reality of unredeemable life. He is destined to die and leave his expectations to be fulfilled by his/her children. (4) Dedication: As he/she recognizes the meaning and value of life, he/she totally devotes himself/herself to it all his life without regret. (5) Resurrection-termination and eternity of life-the patient perceives the meaning of life and death through the positive death he/she faces. Religious persons believe that they will enjoy eternal life in the other world. This study reveals that the terminal cancer patient’s will to live originates from the tasks and responsibilities unaccomplished and the intimate feelings and warmth of people. Just because he/she fully realizes the true meaning of life and death and the eternity of life, he/she finally gives up everything and faces the reality of death gallantly.