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Cash Value - Law Dictionary Search Results

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discount

price or a proportionate deduction from a debt account usually made for prompt payment or for payment in cash b : a reduction made for interest in advancing money upon or purchasing a note not yet due … discount : a reduction made from the gross amount or value of something: as a : a reduction made from a regular or list price or a proportionate deduction

Basic wages

contract of employment and which are paid or payable in cash to him, but does not include-(i) the cash value of any food concession; (ii) any dearness allowance (that is to say, all cash payments by whatever name

true value

Matched in: Term true value

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loan to value (ltv) ratio

Matched in: Term loan to value (ltv) ratio

dividend

: the part of corporate net earnings distributed usually periodically (as quarterly) to stockholders in the form of cash, additional shares, or property either as a set amount per share or a percentage of par value constructive

phantom stock plan

market value of an equivalent number of corporate shares but which in the interval are nontransferable, have no cash value, and confer none of the noneconomic rights (as voting) conferred by ordinary stock

Premium

or other payment for renewal of a policy of assurance. When shares are issued for consideration other than cash the value of the assets transferred in excess of the par value of shares issued would be regarded

Prize amount

discount proportionate to the fraction of the ticket, and when the prize amount is payable otherwise than in cash, the value of the prize amount shall be the value at the time when it becomes payable. [Chit

margin

which the market value of collateral is greater than the face value of a loan 3 a : cash or collateral deposited in a regulated amount by a client with a broker who is financing the purchase

mark

: to adjust (cash deposited with a lender of securities) to the prevailing market price 2 : to value (an option or futures contract) in accordance with the market value prevailing on the last business day of

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