Tag: plans
Incentive Stock Options (ISOs)
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...
National Market System Plan (NMSP)
What is 'National Market System Plan - NMSP' A nationwide system used in the United States for the selection and reservation of...
Named Beneficiary
What is 'Named Beneficiary' This term refers to any beneficiary named in a will, a trust, an insurance policy, pension plan accounts,...
Office Of The Superintendent Of Financial Institutions (OSFI)
What is 'Office Of The Superintendent Of Financial Institutions - OSFI' An independent agency responsible for the regulation of banks, insurance companies,...
Oil Refinery
DefinitionOil refinery or petroleum refinery is an industrial process plant where crude oil is transformed and refined into more useful products such as petroleum...
Making Home Affordable
DefinitionThe Making Home Affordable program of the United States Treasury was launched in 2009 as part of the Troubled Asset Relief Program. The main...
Ramp Up
DefinitionRamp up is a term used in economics and business to describe an increase in a firm's production ahead of anticipated increases in product...
Salary Reduction Contribution
What is a salary reduction contribution
A salary reduction contribution is an arrangement between an employer and an employee whereby the employee agrees to have...
Savings Bond Plan
What is 'Savings Bond Plan' A program that allows employees to purchase U.S. savings bonds, such as the Series EE and Series...
Salary Reduction Simplified Employee Pension Plan (SARSEP)
What is 'Salary Reduction Simplified Employee Pension Plan - SARSEP' A plan offered by small companies - typically those with fewer than...