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Income beneficiary
Income beneficiaryOne who receives income from a trust. RELATED TERMS-------------------------------------- Income Money received by an individual as a salary, or from investments. Cash deposits and bonds will provide income in the form of interest. Shares will, in most but not all cases, provide income in the form of twice-yearly dividends. Trust A large combination of business organizations, possibly tending towards a monopoly. SIMILAR TERMS-------------------------------------- Inco Inco is a top Canadian corporation in the field of materials, and its estimated market value is 7,810 million US dollars. Inco Ltd. Inco Ltd. is one of Canada's biggest companies. Income Money received by an individual as a salary, or from investments. Cash deposits and bonds will provide income in the form of interest. Shares will, in most but not all cases, provide income in the form of twice-yearly dividends. Income & Equity Index Partic. Fund Income & Equity Index Partic. Fund is one of Canada's largest companies. Income & Equity Index Partic. Fund Income & Equity Index Partic. Fund is one of Canada's largest companies. Income & Growth Split Trust Income & Growth Split Trust is one of Canada's largest companies. Income & Growth Split Trust Income & Growth Split Trust is one of Canada's largest companies. Income baskets Category to which certain income is allocated. Losses in one basket may not be used to offset gains in another basket. Income bond A bond which provides income over its life and at maturity the original investment is returned. Income Deposit Security (IDS) A security that combines common stock and notes of the issuer to provide regular income payments to the holder of the security. Income dividend In the US, a distribution of interest or dividends to the shareholders of a mutual fund. Income effect of higher prices When the price of a necessary good rises, consumers' real income and spending on all goods falls. Income effect of higher wages If people earn more they can afford to work fewer bouts (and have more time to spend their money). Income exclusion rule The IRS rule that excludes certain types of income from taxation, e.g., welfare payments. Income Financial Plus Trust Income Financial Plus Trust is one of Canada's largest companies. Income Financial Trust Income Financial Trust is one of Canada's largest companies. Income fund A mutual fund that seeks to provide stable current income by investing in securities that pay interest or dividends. Income immunization strategies Methodologies adopted to insure adequate future cash flow. Income investment company A management company focused on managing a mutual fund whose primary purpose is income generation, typically investing in bonds and high dividend yielding stocks. Income limited partnership A limited partnership whose main goal is income generation, e.g., real estate, oil equipment. Income or revenue or earnings All the money received by a person or company during a given period (wages, salaries, rent, business profits, dividends, etc.). Income property Income received from property letting is subject to income tax. The amount taxable is the amount receivable in the tax year. Income protection An insurance policy which pays out regular sums of money, up to retirement date, to the insured person in the event that they become disabled through sickness or an accident. Income risk The possibility that a portfolio's dividends will decline as a result of falling interest rates. Income statement The American name for the financial statement which shows the profit or loss made by a company during the accounting period. Income stock In the US, a reputable stock with a record of consistently high dividend payments to shareholders. Income STREAMS III Income STREAMS III is one of Canada's largest companies. Income stripping Describes the transfer of funds from an active corporation to a separate entity at arm's length. Income tax A compulsory tax on employment and investment income. Income velocity of the circulation of money The number of times a unit of money forms part of someone’s income during a given period (GNP divided by the money supply). Incontestability clause Clause in a life insurance contract preventing the insurer from revoking the policy after it has been in force for a year or two. Inconvertibility The inability of a local currency to be exchanged for another currency. Incorporated A word added to the name of a US company, signifying that it is a corporation with limited liability. Incorporated joint venture A joint venture in which the legal means of dividing the project's equity by shareholdings in a company. Incorporation A legal process through which a company receives a charter and the state in which it is based allows it to operate as a corporation. Incoterms Internationally accepted terms concerning transport and insurance costs used in international trade contracts. PREVIOUS AND NEXT TERMS-------------------------------------- Incentive stock option (ISO) A stock option, which specifies a set number of shares at a specified option price extending over a given period, which is free of tax when granted and when exercised. Incestuous share dealing Trading of shares between companies in order to create a tax or financial benefit for the companies involved. Inclusionary zoning A zoning ordinance that requires a developer to include affordable housing (or its funding) as part of the development. Income Money received by an individual as a salary, or from investments. Cash deposits and bonds will provide income in the form of interest. Shares will, in most but not all cases, provide income in the form of twice-yearly dividends. Income baskets Category to which certain income is allocated. Losses in one basket may not be used to offset gains in another basket. Income beneficiary Income bond A bond which provides income over its life and at maturity the original investment is returned. Income Deposit Security (IDS) A security that combines common stock and notes of the issuer to provide regular income payments to the holder of the security. Income dividend In the US, a distribution of interest or dividends to the shareholders of a mutual fund. Income effect of higher prices When the price of a necessary good rises, consumers' real income and spending on all goods falls. Income effect of higher wages If people earn more they can afford to work fewer bouts (and have more time to spend their money). We thank you for using the Financial Dictionary to search for Income beneficiary. If you have a better definition for Income beneficiary than the one presented here, please let us know by making use of the suggest a term option. This definition of Income beneficiary may be disputed by other professionals. Our attempt is to provide easy definitions on Income beneficiary and any other medical topic for the public at large.
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