Tag: provision
Waiver Of Subrogation
What is a 'Waiver Of Subrogation' A waiver of subrogation is a contractual provision where one party agrees to limit the rights...
Waiver Of Inventory Clause
Waiver Of Inventory Clause What is 'Waiver Of Inventory Clause ' A clause in an insurance policy that says that the...
Gate Provision
What is 'Gate Provision' A restriction placed on a hedge fund limiting the amount of withdrawals from the fund during a redemption...
General Provisions
What are 'General Provisions'
General provisions are balance sheet items representing funds set aside by a company as assets to pay for anticipated future losses....
Tax Expense
DefinitionA company's tax expense, or tax charge, is the income before tax multiplied by the appropriate tax rate. Generally, companies report income before tax...
Tax Clawback Agreement
What is a Tax Clawback Agreement
A Tax Clawback Agreement is an agreement between a taxpayer and the IRS in which the taxpayer agrees to...
Dead Hand Provision
What is 'Dead Hand Provision' A stipulation on a defense mechanism (or poison pill) used by companies in order to protect against...
De-Escalation Clause
What is 'De-Escalation Clause' An article in a contract that calls for a price decrease if there is a decrease in certain...
QSBS (Qualified Small Business Stock)
What is 'QSBS (Qualified Small Business Stock)' A qualified small business stock (QSBS) is simply the stock or share of a qualified...