General Finance

General Finance

Industry: Financial services

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General Finance

special dividend

Financial services; General Finance

Also referred to as an extra dividend. Dividend that is unlikely to be repeated.

temporary investment

Financial services; General Finance

A short-term investment, such as a money market fund, Treasury bills, or short-term CD, which is usually held a year or less.

yield to call

Financial services; General Finance

The percentage rate of a bond or note if the investor buys and holds the security until the call date. This yield is valid only if the security is called prior to maturity. Generally bonds are ...

Security deposit (maintenance)

Financial services; General Finance

Related: Maintenance margin

two-tier tax system

Financial services; General Finance

Taxation system that results in taxing the income going to shareholders twice.

valuation clause

Financial services; General Finance

Stipulates a fixed sum for insured property in the event of loss when included in a marine cargo insurance policy.

success tax

Financial services; General Finance

A 15% excise tax on "excess" distributions from tax-deferred retirement plans that was repealed by the Taxpayer Relief Act of 1997. In essence, the tax had penalized "successful" investors who ...