Sentences with phrase «excess over the minimum»

It is only the excess over the minimum payment that the law says must be applied to the balance being charged the highest rate.

Not exact matches

At a minimum, we look for a 400 - basis - point annual excess return over the public equity markets.
A participant who is granted an ISO does not recognize taxable income at the time the ISO is granted or upon its exercise, but the excess of the aggregate fair market value of the shares acquired on the exercise date (ISO shares) over the aggregate exercise price paid by the participant is included in the participant's income for alternative minimum tax purposes.
This represents an excess of 50 % over the minimum required for ballot status.
The likelihoods are computed from the excess, delta.r2, of r2 over its minimum value, minr2 (occurring where the model run parameters provide the best fit to observations), divided by m, the number of free model parameters, here 3.
The excess income earned in the Discontinuance Policy Fund over and above the minimum guaranteed interest rate shall also be apportioned to the Discontinuance Policy Fund in arriving at the proceeds of the discontinued policies and shall not be made available to the Company.
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