Sentences with phrase «if accrues its cash»

If the policy is kept current and if accrues its cash value, one is sure to get the payout at the end of the policy.

Not exact matches

He added that, if Coinbase decides to support Bitcoin Cash in the future, it will distribute the balances that accrue at the time of the August 1 fork.

If you use a credit card at an ATM, you are taking out a «cash advance,» which means you'll have to pay a fee, and interest will immediately begin to accrue, warned Papadimitriou.

SolarCity's recurring cash flows exceed a net present value of $ 2 billion [2] above and beyond non-recourse debt repayment, all of which will ultimately accrue to the combined company if the acquisition is approved.

If we terminate Mr. Drexler's employment without cause or he terminates his employment with good reason, Mr. Drexler will be entitled to receive (i) a payment of his earned but unpaid annual base salary through the termination date, any accrued vacation pay and any un-reimbursed expenses, and (ii) subject to Mr. Drexler's execution of a valid general release and waiver of claims against us, as well as his compliance with the non-competition, non-solicitation and confidential information restrictions described below, (a) a payment equal to his annual base salary and target cash incentive award, one - half of such payment to be paid on the first business day that is six (6) months and one (1) day following the termination date and the remaining one - half of such payment to be paid in six equal monthly installments commencing on the first business day of the seventh calendar month following the termination date, (b) a payment equal to the product of (x) the last annual cash incentive award Mr. Drexler received prior to the termination date and (y) a fraction, the numerator of which is the number of days of service completed by Mr. Drexler in the year of termination and the denominator of which is 365, such amount to be paid on the first business day that is six (6) months and one (1) day following the termination date, and (c) the immediate vesting of such portion of unvested restricted shares and stock options as provided and pursuant to the terms of the relevant grant agreements under our 2003 Equity Incentive Plan.

The same goes for accrued vacation if your work offers a cash - out option (which mine does).

Revenue that would have accrued to Valeant shareholders, who will — if Valeant completes its cash - and - stock acquisition — include a lot of former Allergan shareholders who will mourn their lost $ 20 billion.

Just keep in mind that if you can't pay off your credit card bill before interest accrues you'll almost certainly be worse off financially than if you just paid your mortgage in cash.

If disqualified for any of these reasons, the cardholder will not receive any accrued cash back for that program year.

So as I'm intending on working on an accrual basis, it sounds like I should just not accrue the income - I wasn't aware that was an option in accrual accounting (although it would make sense, if cash and invoice sale businesses use it).

The moment you make your January contribution, you should start accruing for the next year's installment, even if it means parking in short - term cash vehicles and paying a little tax for the balance of the calendar year.

Or you may wish to lock in a steady rate with a permanent life insurance policy, which accrues cash value, and pays a guaranteed death benefit, even if you live to be 100 years old.

It accrues cash value that can be used as collateral, or liquidated if necessary.

Additionally, cash advances accrue interest immediately, which means you'll have to pay it off the same day you take out the cash if you want to completely avoid interest.

In addition to providing death benefits, some policies also accrue a cash value that you can collect at any time if the need arises.

Let's focus on the first 2 types because the latter isn't really for the purpose of accruing much cash value if any.

However, this can backfire because if people ease off of paid up addition, this can undermine their strategy of accruing cash value.

The credit union reserves the right to determine if transactions processed under the 10 cents cash back program are usual and customary and to restrict privileges / accrued rewards.

If you decide to transfer your debt from one card to another — maybe another card offers a better APR — you'll also accrue a balance transfer interest rate, which is usually the same as either the interest rate or cash advance rate.

If you've used your card for an ATM withdrawal or any other transaction that's considered a cash advance, you'll accrue the cash advance rate of up to around 22 %.

If you let your lender use it towards next month's payment, the additional cash won't make as much of an impact because it'll go towards paying interest, which will have accrued by then.

In general, cash value that accrues within the life insurance policy not taxable if not withdrawn from the policy.

2 The adjusted total premium is the initial single premium plus any underwritten increases, less any partial surrenders and any applicable surrender charges in excess of policy gain and any loans and accrued loan interest, The death benefit guarantee will not apply if the sum of any outstanding loans plus accrued loan interest is greater than the policy's cash value, The death benefit guarantee will not apply if the sum of any outstanding loans plus accrued loan interest is greater than the policy's cash value.

At any rate, the card can accrue cash back at a standard rate if you aren't a big spender.

If you forever have $ 10,000, $ 20,000 or more sitting idle in cash, you could be missing out on RRSP, RESP or TFSA contributions or have debt that continues to accrue interest at a higher rate in the meantime.

If you enroll in Overdraft Protection with your credit card, overdraft transfers will be bank cash advances under your Business Card Agreement and will accrue interest at the APR stated in your Business Card Agreement.

This means that the cash value accrued in your life insurance policy must be spent if you're seeking to qualify for a state Medicaid program unless another option is pursued.

Cash value can be accessed through loans and partial surrenders which accrue interest and, if not paid back, will reduce the policy's death benefit and cash vaCash value can be accessed through loans and partial surrenders which accrue interest and, if not paid back, will reduce the policy's death benefit and cash vacash value.

That means if you have enough money in the cash value, you can use that to skip premium payments entirely, letting the accrued interest do the work — but keep in mind that this can typically only be done after the first year of the policy, and only if there's at least enough cash value in the policy to keep the policy inforce for another 60 days.

It accrues no cash value paid out at the end of the term, if you're still living.

It is important to know that if you cash in your bond during the month; you lose the interest accrued for that month.

There is absolutely no hassle as long as you pay the minimum fee each month (go to the Citibank Login right away and set up autopay), allowing you to accrue some quick cash if you need it.

On the contrary, if it's savings you're after, you may accrue more cash back with a general - rewards credit card that allows you to earn cash back wherever you go.

If your kids are very young, this cash can really add up and you'll have accrued a nice amount for books, incidentals, and maybe even a year of tuition for them by the time they're 18 (depending, of course, on how much you use your new Fidelity credit card).

If you have a Capital One miles card, but can't use up all the miles you've accrued, you can get cash back from your rewards, too.

If you want to accrue rewards without additional spending, the trick is to substitute the card for places you might be using cash, debit cards or checks.

Dear Cashing In, If a person has a corporate American Express credit card that allows the employee to sign up for the «points» that accrue on the card, what is the industry standard for who actually owns the points?

So he calculated the number of months left until the trip, looked at his monthly spending, and found that he'll accrue enough rewards to go ahead with the trip using points even if he cashes in his rewards now to pay off the debt from his new baby.

If your policy had accrued cash value, you may have limited coverage based on the «Non-Forfeiture Benefit» or «Options Upon Lapse» terms of your contract.

When activated, the Overloan Protection Rider converts the policy to a «paid - up» status and prevents the policy from lapsing when the policy's cash surrender value is insufficient to cover monthly deduction charges due to significant loans or if any outstanding loans plus accrued interest exceed cash value.

Whole life policies offer living benefits, including tax - free dividends that may accrue (referred to as the policy's cash value); you may even be able to borrow money against the value of a whole life policy if there comes a time that you decide you need to do so.

So, if a policy's cash value has accrued substantially, it could be a good source for paying off higher interest debt and for supplementing retirement income in the future.

If your policy has been in force long enough it will accrue cash value that can be borrowed against.

For example, on death, if the cash value accrued within a policy is $ 100,000.

In many cases a whole life insurance policy will provide some sort of cash value — although that cash value is likely to be far less than the death benefit that would accrue if the policyholder were to die.

If the combined loan principal and accrued interest exceed the current cash value of the policy, the policy will lapse.

Universal life allows the policyholder to use money in the accrued cash value to pay premiums if the policyholder is unable to make the payments.

The policy will accrue cash value which he'll have access to if needed.

If you decided that you do not want or need your permanent life insurance policy, you can give up the policy for the cash surrender value, or the accrued cash value.

In addition, if the loan balance and accrued interest exceed the cash value of the policy, it will be terminated.