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Vigorish (also known as juice, under-juice, the cut, the take, the margin, the house edge or the vig) is the fee charged by a bookmaker for accepting a gambler's wager. In American English , it can also refer to the interest owed a loanshark in consideration for credit.
In 2008, a new capital increase permitted the acquisition of the insurance business of Erste Group, which turned VIG to the market leader in central and eastern Europe. Simultaneously, a long-term sales agreement was signed with Erste Group. In the same year VIG founded ViG Re, a reinsurance company located in Prague, Czech Republic. [4]
A deposit slip or a pay-in-slip is a form supplied by a bank for a depositor to fill out, designed to document in categories the items included in the deposit transaction when physically depositing at a bank.
In Ireland a lodgement is an amount lodged to a bank account or paid into a bank account via a "lodgement slip" or "paying in" slip. [ 1 ] [ 2 ] In India a lodgement is commonly used for proofs of tax deduction .
A paycheck, also spelled paycheque, pay check or pay cheque, is traditionally a paper document (a cheque) issued by an employer to pay an employee for services rendered. In recent times, the physical paycheck has been increasingly replaced by electronic direct deposits to the employee's designated bank account or loaded onto a payroll card.
Vig or VIG may refer to: Vig (surname), an Indian surname; Vig, Denmark, a railway town on the island of Zeeland, Denmark; Vigorish, or "vig", a fee charged by a bookmaker for services; Ben Vig, American politician; Butch Vig, music producer and drummer for rock band Garbage; John Vig, American physicist
One notable component of the expense ratio of U.S. funds is the "12b-1 fee", which represents expenses used for advertising and promotion of the fund. 12b-1 fees are paid by the fund out of mutual fund assets and are generally limited to a maximum of 1.00% per year (.75% distribution and .25% shareholder servicing) under FINRA Rules. [7]
Modern systems will often scan a paper remittance advice into a computer system where data entry will be performed. Modern remittance advices can include dozens, or hundreds of invoice numbers, and other information. Remittance advices can be very complicated, especially in specialized fields like medical insurance payments.