Search results
Results from the WOW.Com Content Network
Cash in lieu of fractional shares is a type of payment that investors get for the sale of fractional shares. This tends to happen after a company restructures stock with a stock split, a merger or ...
"PILON" redirects here. For other uses, see Pilon. In United Kingdom labour law, payment in lieu of notice, or PILON, is a payment made to employees by an employer for a notice period that they have been told by the employer that they do not have to work. Employees dismissed for gross misconduct are not entitled to be paid their notice, unless stated otherwise within Terms and Conditions of ...
The payment of cash in lieu can fund the creation of more affordable housing units. In the hands of a government housing authority, cash in lieu can produce more affordable housing units than if ...
Cash in lieu of commodities is cash provided to food program operators (e.g., elderly nutrition programs, child care food programs, and some school food programs) instead of mandated commodity assistance. Meal program operators receive funding instead of commodities to buy whatever foods they need to operate their meal service programs.
A payment in lieu of taxes, abbreviated as PILT or PILOT, [1] [2] [3] is a payment made to compensate a government for some or all of the property tax revenue lost due to tax exempt ownership or use of real property.
A substitute check (also called an Image Replacement Document or IRD) [1] is a negotiable instrument that is a digital reproduction of an original paper check.As a negotiable payment instrument in the United States, a substitute check maintains the status of a "legal check" in lieu of the original paper check, as authorized by the Check Clearing for the 21st Century Act (the Check 21 Act).
In government finance, a warrant is a written order to pay that instructs a federal, state, or county government treasurer to pay the warrant holder on demand or after a specific date. Such warrants look like checks and clear through the banking system like checks, but are not drawn against cleared funds in a checking account (demand deposit ...
Once the deed in lieu is complete, your lender will attempt to sell the home to pay off the remaining debt. The deed in lieu is the legal document that is signed by the homeowner to make the ...