Tag: date

What is an 'Immediate Payment Annuity' An immediate payment annuity is an annuity contract that is purchased with a single lump-sum payment...

Illegal dividends are a serious issue for companies and their shareholders. This type of dividend is one that is paid out illegally, and can...

What are incentive stock options (ISOs)? Incentive stock options (ISOs) are a type of employee stock option that offers certain tax advantages. ISOs are only...

What is 'Naked Warrant' A warrant that is issued without a host bond. A naked warrant allows the holder to buy or...

DefinitionThe combination of payroll taxes withheld from a household employee and the employment taxes paid by their employer are commonly referred to as the...

What is 'Odd Date' A type of maturity date for foreign-exchange contracts. Odd dates are neither spot nor fixed dates; they are...

What is a 'Mandatory Convertible' A mandatory convertible is a type of convertible bond that has a required conversion or redemption feature....

DefinitionProfessional liability insurance, also called professional indemnity insurance but more commonly known as errors & omissions in the US, is a form of liability...

Home Ownership by Country Mandatory Mortgage Lock What is 'Mandatory Mortgage Lock' The sale of a mortgage in the secondary mortgage market...

What is 'Madeira Escudo' The former currency of Madeira, an island off the coast of Portugal. The Madeira escudo was used as...