Back Forward Glossary A-Z Index Close Window Back to Top Close Window
Questions?
  Glossaryprint
A | B | C | D | E | F | G | H | I | J | K | L | M | N |
O | P | Q | R | S | T | U | V | W | X | Y | Z |
1 | 3 | 4 | 5

Definitions by InvestorWords.com
  What is...?
payment in lieu
If a security is lent out on its dividend record date, the owner may receive a payment in lieu of the dividend. This payment is taxable at ordinary income tax rates.
Copyright ©2009 by InvestorGuide.com.
All Rights Reserved.