Sentences with phrase «which accrue cash»

AIG also offers indexed and variable universal life, which accrue cash over time.

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.

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.

Not exact matches

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.

This aggregate purchase price was comprised of (i) conversion of indebtedness of the registrant and interest accrued thereupon, the value of which conversion was $ 2,988,031 and (ii) cash payments to the registrant, which totaled $ 37,011,968.

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

(e) The Secretary shall fix and collect premium charges for the insurance of mortgages under this section which shall be payable annually in advance by the mortgagee, either in cash or in debentures of the REHABILITATION Facilities Insurance Fund (established by subsection (h) of this section) issued at par plus accrued interest.

At one point the house, that was never mortgaged because of the cash settlement from the fire, was mortgaged just to pay off the debt, which was then accrued again.

There's a special rule for U.S. Savings Bonds, from which income generally accrues tax - free until the bonds are cashed in.

A finance charge will be imposed on cash advances from the date made or from the first day of the billing cycle in which the cash advance is posted to your account, which ever is later, any will continue to accrue until the date of the payment.

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, universal life insurance builds cash value, which grows over time via premium payments and interest accrued.

Permanent life insurance has a savings or investment component called a «cash value,» which, true to its name, accrues value over time.

* When you take advantage of the 2.9 % APR (annual percentage rate) promotional offer, Visa ® balance transfers will be treated as a cash advance and will accrue interest at 2.9 % APR from the time that the transaction posts until 12/31/19; thereafter, any remaining balance will begin to accrue interest at the cash advance rate, which is currently 9.9 % APR and subject to change.

Also, there is no time period within which you may pay to avoid the assessment of interest on Balance Transfers or Cash Advances because interest will accrue on any Balance Transfer from the posting date and on Cash Advances from the date of the transaction until it is paid in full.

The best part about this card is the cash reward match feature, which essentially doubles the accrued cash back on an account after the first year.

On top of these rates, Discover matches all accrued cash back after the first year, which effectively doubles the rewards for the first year.

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.

High - quality bonds tend to go up in value and accrue more interest, similarly to cash — which has no yield — but does appreciate dramatically, when everything else goes down.

When the company receives the cash, the accounting entries move the balance in accrued interest receivable to cash, which increases net cash flow for the period but has no impact on the net income calculation.

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.

Cash advances, balance transfers, and other transactions Cash advances, balance transfers, and other transactions do not have a grace period which means interest charges begin accruing immediately.

3 PSECU Visa ® Founder's Card: When you take advantage of the 3.9 % APR (annual percentage rate) promotional offer, Visa ® Founder's Card balance transfers will be treated as a cash advance and will accrue interest at 3.9 % APR from the time that the transaction posts until 12/31/19; thereafter, any remaining balance will begin to accrue interest at the cash advance rate, which is a variable APR equal to the Prime Rate plus a margin of 9.15 %.

2 PSECU Visa ® Classic Card: When you take advantage of the 2.9 % APR (annual percentage rate) promotional offer, Visa ® balance transfers will be treated as a cash advance and will accrue interest at 2.9 % APR from the time that the transaction posts until 12/31/19; thereafter, any remaining balance will begin to accrue interest at the cash advance rate, which is currently 9.9 % APR and subject to change.

Redemption is also straightforward: The cash you accrue is called Reward Dollars, which you redeem for statement credits, gift cards, and merchandise.

A finance charge begins to accrue on cash advances from the date you get the cash advance or from the first day of the billing cycle in which the cash advance is posted to your account, whichever is later (transaction date).

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.

Like many online loans, these loans require frequent repayment — daily or weekly — and have short terms, which doesn't allow your business much time to accrue cash for repayment.

Current federal tax law requires the holder of a U.S. Treasury or other fixed income zero coupon security to accrue as income each year a portion of the discount at which the security was purchased, even though the holder receives no interest payment in cash on the security during the year.

Please note, cash advances and balance transfers have no grace period, which means they start accruing interest as soon as the transaction is made.

In addition, the rewards you redeem («miles» which accrue into an account for use like cash - back toward travel purchases) have no blackout dates.

Bottom Line: The Citi ® Double Cash Card cash - back accrues in your account, which can be accessed at Citi.Cash Card cash - back accrues in your account, which can be accessed at Citi.cash - back accrues in your account, which can be accessed at Citi.com.

The card accrues «miles,» which work like cash - back, onto the card account.

Unlike regular purchases, which come with a grace period, interest on cash advances starts to accrue the day you complete the transaction.

The only direct means of obtaining cash from your credit card, cash advances can become very costly, very quickly through a combination of high interest rates (the fees for which start accruing immediately — cash advances have no grace period) and hefty cash advance fees.

* Cash value is accessed via policy loans which accrue interest and reduce the cash value and death beneCash value is accessed via policy loans which accrue interest and reduce the cash value and death benecash value and death benefit.

A whole life insurance policy accrues cash value and pays dividends which can be used in different ways while the policy is in place.

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

Permanent life insurance has a savings or investment component called a «cash value,» which, true to its name, accrues value over time.

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.

Under the Paid in Cash option, the bonus which accrues is paid to the policyholder in cash every Cash option, the bonus which accrues is paid to the policyholder in cash every cash every year

There is also a cash value component, which can help the child to accrue tax - deferred savings that he or she can borrow or withdraw in the future.

Permanent offerings tend to be pricier than term because part of the money goes toward investments that the insurer makes on your behalf, which allows your policy to accrue cash value over time.

The cash value is the savings part of the insurance policy which is based on the premiums paid and the returns from the investment that have accrued over the years.

However, besides lifelong coverage, it offers the added benefit of accruing a cash value, which you can liquidate or borrow against, if the need arises.

• Receive Cash — Generally payable annually in the form of a check on the anniversary date of the policy • Use Towards Premiums — Instead of taking the dividends as cash, you can apply the money towards your policy premiums • Let Dividends Accumulate — Means that you accumulate your dividends as interest and can withdraw anytime but will be required to pay taxes on any interest accrued • Buy Paid - Up Options — Means that you can use the dividends to buy additional life insurance of the kind you already have in place • Buy Additional Insurance — You can use the dividends to buy a 1 year term life insurance policy which would be provided as a separate rCash — Generally payable annually in the form of a check on the anniversary date of the policy • Use Towards Premiums — Instead of taking the dividends as cash, you can apply the money towards your policy premiums • Let Dividends Accumulate — Means that you accumulate your dividends as interest and can withdraw anytime but will be required to pay taxes on any interest accrued • Buy Paid - Up Options — Means that you can use the dividends to buy additional life insurance of the kind you already have in place • Buy Additional Insurance — You can use the dividends to buy a 1 year term life insurance policy which would be provided as a separate rcash, you can apply the money towards your policy premiums • Let Dividends Accumulate — Means that you accumulate your dividends as interest and can withdraw anytime but will be required to pay taxes on any interest accrued • Buy Paid - Up Options — Means that you can use the dividends to buy additional life insurance of the kind you already have in place • Buy Additional Insurance — You can use the dividends to buy a 1 year term life insurance policy which would be provided as a separate rider

If cash value is not necessary, you will really be a better candidate for a guaranteed universal life policy to age 120, which still provides lifetime coverage protection, but will accrue little to no cash value.

Loans taken from the policies also accrue interest, which will further decrease the policy's cash value and death benefit.