Financial Dictionary

This dictionary contains:
24549
financial terms

Phantom income




Phantom income

Income from a limited partnership that creates taxability without generating cash flow.

RELATED TERMS
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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.

Partnership
A business run collectively by two or more individuals, who share risks and profits.

Without
Indicates a one-way market if 70 were bid in the market and there was no offer, the quote would be "70 bid without.".

Cash
The value of assets that can be converted into cash immediately, as reported by a company. Usually includes bank accounts and marketable securities, such as government bonds and banker's acceptances.



SIMILAR TERMS
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Phantom Stock Award
A type of incentive grant in which the recipient is not issued actual shares of stock on the grant date but receives an account credited with a certain number of hypothetical shares.

Phantom stock plan
An incentive scheme that awards management bonuses based on increases in the market price of the company's stock.



PREVIOUS AND NEXT TERMS
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Personal trust
An interest in an asset held by a trustee for the benefit of another person.

Personal use property
A type of property that an individual does not use for business purposes or hold as an investment.

Petrodollars
Dollar deposits in the banking system coming from rich, oil-producing nations.

Petty cash
The small amount of cash and coins that an organization uses for minor purchases and providing change to customers.

Pfandbriefe
A type of bond issued by German mortgage banks that is collateralized by long-term assets used.

Phantom income

Phantom Stock Award
A type of incentive grant in which the recipient is not issued actual shares of stock on the grant date but receives an account credited with a certain number of hypothetical shares.

Phantom stock plan
An incentive scheme that awards management bonuses based on increases in the market price of the company's stock.

Phase space
A graph which shows all possible states of a system. In phase space we plot the value of a variable against possible values of the other variables at the same time.

Philadelphia Board of Trade (PBOT)
A subsidiary of the Philadelphia Stock Exchange that trades currency futures.

Philadelphia Federal Index
A regional federal-reserve-bank index measuring changes in business growth.

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This dictionary contains 24549 terms.







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