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Split Funded Plan - Law Dictionary Search Results

Home Dictionary Name: split funded plan

split-funded plan

split-funded plan : a retirement plan combining life insurance and an investment fund ...


fund

fund 1 : a sum of money or other resources whose principal or interest is set aside for a specific objective cli·ent security fund : a fund established by each state to compensate clients for losses suffered due to their attorneys' misappropriation of funds common trust fund : an in-house trust fund established by a bank trust department to pool the assets of many small trusts for greater diversification in investing executor fund : a fund established in estate planning to provide for the payment of final expenses by an executor joint wel·fare fund : a fund that is established by collective bargaining to provide health and welfare benefits to employees and that is jointly administered by representatives of labor and management paid-in fund : a reserve cash fund in lieu of a capital stock account set up by mutual insurance companies to cover unforeseen losses sink·ing fund : a fund set up and accumulated by regular deposits for paying off the principal on a debt...


insured plan

insured plan : a pension or retirement plan managed by an insurance company under which contributions are used to purchase life insurance or annuities as a means of funding the benefits promised ...


fully funded

fully funded : having financial resources adequate to meet current retirement plan payments even in the event of bankruptcy ...


stock bonus plan

stock bonus plan : a form of deferred compensation that is funded by employer contributions of corporate securities with dividends usually reinvested ...


split

split split split·ting : to divide into parts or portions: as a : to divide into factions, parties, or groups b : to mark (a ballot) or cast or register (a vote) so as to vote for candidates of different parties c : to divide (stock) by issuing a larger number of shares to existing shareholders usually without increase in total par value see also stock split d : to divide (a cause of action) into separate parts or claims for the purpose of instituting an action for less than all NOTE: Splitting a cause of action is usually prohibited. vi : to become divided or separated [the Supreme Court splitting five to four, sustained the law "R. H. Bork"] adj 1 : divided into portions, parts, or fragments [a trial] [a stock] 2 : divided by or in opinion [a court] [a decision] ...


stock split

stock split : the division of the outstanding shares of a corporation into a larger number of shares thereby reducing the value of each share but not the total value of each holding compare reverse stock split NOTE: The purpose of a stock split is to make the stock more attractive to potential investors by reducing the price per share. ...


Plan

Plan. In the (English) Copyright Act, 1911, 'literary work' includes 'plans' (s. 35); and see also as to plans, s. 2, sub-s. (1) (ii). see COPYRIGHT. Under various Acts, plans have to be deposited with local authorities for various purposes. If the local authority neglects to pass the plans the remedy is by mandamus, Davis v. Bromley Corporation, (1908) 1 KB 170 and R. v. Cambrdige Corporation, (1922) 1 KB 250. As to a purchaser's right to have the property conveyed to him by reference to a plan on his conveyance, see Re Sansom, (1910) 1 Ch 741; Re Sparrow, ib. 2 Ch 60, and as to maps as evidence, Storey v. Eastborune R.D.C., (1927) 1 Ch 367.Under the Land Registration Act, 1925, s. 76, land may be described by description on a map or plan. For the practice of the Land Registry, consult The Land Registry General Map, by W.S. Tratman, and LR Rules, 272-285.As to the property in plans, see ARCHITECT.In common acceptation mean 'a drawing or diagram made by projections on a horizontal plan...


reverse stock split

reverse stock split : a method of increasing the value of shares of corporate stock by calling in all outstanding shares and reissuing fewer shares having greater value compare stock split ...


split-off

split-off : a transfer of corporate assets to a subsidiary involving the surrender of a part of the stock owned by the corporation's shareholders in exchange for controlling stock of the subsidiary : a D reorganization involving a distribution of part but not all of a corporation's stock for a subsidiary's stock ;also : a new company created by such a distribution compare spin-off, split-up ...


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