Not a name with us


 

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Not a name with us

Refers to over-the-counter trading. Not a registered market maker in the security, especially in OTC and convertibles, or having nothing real to do.



Not a name with us

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Withholding

Withholding

In the US, this refers to a deduction from an employee's salary by an employer for federal, state and local tax liabilities.


Negotiable Order of Withdrawal Account (NOW)

Negotiable Order of Withdrawal Account (NOW)

An interest-earning account on which chechs may be drawn. Withdrawals from NOW accounts may be offered by commerical banks, mutual savings banks, and savings and loan associations and may be owned only by individuals and certain nonprofit organizations and govermental units.


Full with profit endowment

Full with profit endowment

The most expensive endowment plan with the highest guaranteed returns. This type of endowment guarantees an annual growth and also to pay off the full loan at maturity which is the cause of the added expense. It also has built in life cover. The future growth of your investment is assumed to be at a certain rate, which determines the level of your premiums. The portion of your premium that is being invested is pooled with the premiums of other investors. Annual bonuses are added to the maturity value each year and are dependent on the performance of the investment fund. There is a possibility that the bonuses will take the maturity value above the level required to pay back the loan. This would result in a tax-free cash surplus, which you can spend on whatever tickles your fancy.


Withholding tax

Withholding tax

Tax deducted at source in earnings, including dividends and interest payments.The UK is resisting efforts by the EU to impose withholding tax on eurobond interest payments. If the EU succeeds, the UK's strong market position in Eurobonds will be weakened, and a lot of the business will go to a tax territory where withholding tax is not levied.


With Average (WA)

With Average (WA)

Marine cargo insurance coverage providing for partial loss or damage to goods, either with or without a deductible. Also called With particular average.


Further Suggestions

Withholding tax
Negotiable order of withdrawal (NOW)
With ice
Without Recourse
With dividend
early withdrawal penalty
Automatic withdrawal
Investment Company with Variable Capital
With Particular Average (WPA)
High withholding tax interest income
unitised with profits
Systematic withdrawal plan
In service withdrawal
Unitised with profit endowment
In touch with
Early withdrawal
Without recourse
Underwithholding
Day of deposit to day of withdrawal account
Without Recourse Financing
Early withdrawal penalty
Lease With Option To Purchase
Without
Joint tenants with right of survivorship
without prejudice


 
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