Tag: paid
Years Certain Annuity
What is 'Years Certain Annuity' An insurance product that pays the holder a monthly income for a specified number of years. A...
Headhunter
What is a 'Headhunter' A headhunter is a corporation or individual that provides employment recruiting services. A headhunter is hired by firms...
Yield On Cost (YOC)
What is 'Yield On Cost - YOC' The annual dividend rate of a security divided by the average cost basis of the...
Yield Maintenance
Yield Maintenance in Commercial Real Estate Loans
Yield Maintenance refers to the penalties you pay if you pay off your loan early. The penalty is...
Illegal Dividend
Illegal dividends are a serious issue for companies and their shareholders. This type of dividend is one that is paid out illegally, and can...
Incentive Fee
Definition of an Incentive Fee
An incentive fee, also known as a performance fee, is a fee which a client fund may be charged by...
Idle Time
What is 'Idle Time' Idle time is unproductive time on the part of employees or machines as a result of factors beyond...
National Insurance Contributions (NIC)
What are National Insurance Contributions (NIC)?
National Insurance contributions (NIC) are payments made by employees and employers into the National Insurance scheme. The money is...
Accelerated Death Benefit (ADB)
What is an 'Accelerated Death Benefit - ADB' An accelerated death benefit (ADB) is a benefit that can be attached to a...
Absolute Priority
What is an 'Absolute Priority' An absolute priority is a rule that stipulates the order of payment - creditors before shareholders -...