Another example of a negotiable certificate is that it can be transferred to another party in
lieu of a cash payment.
When push comes to shove, as they did in California a few years back when it couldn't make payroll, it forced its employees and creditors to accept IOUs in
lieu of cash payments, and while they may not have the legal right to do so, they have the economic power to force people to ignore that right.
Not exact matches
Ordinarily,
cash payments made in
lieu of unvested stock awards would trigger an immediate income - tax liability for the recipient.
The winner must provide proof
of eligibility to contribute to an IRA for 2017, and the winner will not receive
cash, nor any other form
of payment, in
lieu of the IRA contribution.
Our clients have access to flexible programs and options — construction financing, 100 - percent financing with the pledge
of qualified assets in
lieu of a
cash down
payment, and hybrid mortgages — often closing within 30 days.
Pembrokeshire's Bryn Parry Jones and Carmarthenshire's Mark James had been given
cash payments in
lieu of employer pension contributions.
Carmarthenshire's Mark James and Pembrokeshire's Bryn Parry Jones had been given
cash payments in
lieu of employer pension contributions.
Salvage or Total Loss
of Vehicle: Any vehicle that has ever been issued a «salvage» title or similar title under any state law or has ever been declared a «total loss» or equivalent by a financial institution or insurer, such as by
payment for a claim in
lieu of repairs because the cost or repairs exceeded the
cash value
of the vehicle.
Dividend Re-Investment Plan (DRIP): A program offered by some corporations (particularly investment companies) in which shareholders may opt to use their dividends to purchase additional shares in the corporation in
lieu of receiving
cash payments.
The broker's description
of that
payment action warns that «
cash in
lieu» has different tax treatment than a qualified dividend would get.
I'm also interested in what he said about the $ 110 million
payment in
lieu of the artifacts (if the court had opted for an auction and
payment in
cash instead
of the «in specie» award) being treated as ordinary income.
If a fund holds Build America Bonds, the fund may be eligible to receive a federal income tax credit; however, the issuer
of a Build America Bond may instead elect to receive a
cash payment directly from the federal government in
lieu of holders such as the fund receiving a tax credit.
Breeding arrangements in
lieu of, or in addition to,
cash payment, should be held to an absolute minimum and confined to the knowledgeable purchaser desirous
of becoming a breeder.
Solar, wind, biomass and hydroelectric power producers want Congress to provide
cash payments in
lieu of tax credits now available for building renewable energy power plants or producing cleaner energy (see Industry Groups Call for Changes to Federal Incentives).
Subsection 42 (6) provides that a municipality may require that all or part
of a parkland dedication obligation be satisfied by the
payment of cash equivalent to the value
of the land to be conveyed, which is known as «
cash - in -
lieu.»
All policyholders who have purchased loss
of use (LOU) and reported a claim, have been provided the option
of receiving a rental OR a
cash payment in
lieu, up to the LOU limit.
Some tokens are restricted to certain online communities, while others are increasingly available as retail
payment methods in
lieu of cash or credit cards.
@ 6.5 % = $ 1200 to seller ($ 230
cash flow for him with final sale to him for $ 203,500 @ 5 years) with me replacing the roof within 2 years, again in
lieu of down
payment.
@ 6.25 % = $ 1200 to seller ($ 230
cash flow for him with final sale
of $ 208,500 @ 5 years) with him replacing the roof in
lieu of down
payment.