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124 Results for Tag: payment

Kickback

Kickback What is a 'Kickback' A kickback is the payment of something of value to a recipient as compensation or reward for providing favorable treatment to another party. Explaining 'Kick

Home Equity Loan

DefinitionA home equity loan is a type of loan in which the borrower uses the equity of his or her home as collateral. The loan amount is determined by the value of the property, and the val

Harmonized Sales Tax – HST

DefinitionThe harmonized sales tax is a consumption tax in Canada. It is used in provinces where both the federal goods and services tax and the regional provincial sales tax have been combi

Years Certain Annuity

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 years certain annuity is similar to othe

In Specie

In Specie What does 'In Specie' mean In specie is a phrase describing the distribution of an asset in its present form, rather than selling it and distributing the cash proceeds. In specie

Implicit Rental Rate

Implicit Rental Rate What is 'Implicit Rental Rate' The opportunity costs that a firm incurs as a result of using their own assets for ongoing operations instead of other alternative uses.

Immediate Payment Annuity

Immediate Payment Annuity What is an 'Immediate Payment Annuity' An immediate payment annuity is an annuity contract that is purchased with a single lump-sum payment and in exchange, pays

In The Penalty Box

In The Penalty Box What is 'In The Penalty Box' A phrase referring to a company whose stock has plummeted with no rebound in sight. A company in the penalty box is often one that has recei

In Escrow

In Escrow What does 'In Escrow' mean In escrow is an item such as money or a piece of property that has been transferred to a third party with the intentions of delivery to a grantee as pa

Inbound Cash Flow

Inbound Cash Flow What is 'Inbound Cash Flow' Any currency that a company or individual receives through conducting a transaction with another party. Inbound cash flow can include sales re
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