Meaning CONTINGENT PENSION LIABILITY: Under ERISA, a firm is liable to its pension plan participants for up to 39% of the net worth of the firm
More terms such as Contingent pension liability in Dictionary C.
- Definition Callable:
- Examples convertible securities. Redeemable by the issuer before the scheduled maturity under specific conditions and at a stated price, which usually begins at a premium to par and declines annually. Bonds contingent pension liability definition.
- Definition Capital Gains Tax:
- Examples profits from the sale of capital assets. A long-term capital gain, which is achieved once an asset is held for at least 12 months, is taxed at a maximum rate of 20% (taxpayers in 28% tax bracket) and contingent pension liability explain.
- Definition Crash:
- Examples Dramatic loss in market value. The last great crash was in 1929. Some refer to October 1987 as a crash but the market return was positive contingent pension liability what is.
- Definition Cash Flow Break-Even Point:
- Examples The point below which the firm will need either to obtain additional financing or to liquidate some of its assets to meet its fixed costs contingent pension liability meaning.
- Definition Cash Discount:
- Examples An incentive offered to purchasers of a firm's product for payment within a specified time period, such as ten days contingent pension liability abbreviation.
