What Is an Ad Valorem Tax? An ad valorem tax is a tax based on the assessed value of an item, such as real estate or personal property. The most common ad valorem taxes are property taxes levied on real estate. However, ad valorem taxes may also extend to a number of tax applications, such
What Is an Advance Block? Advance block is the name given to a candlestick trading pattern. The pattern is a three-candle bearish setup that is considered to be a reversal pattern—a suggestion that price action is about to change from what had been an upward trend to a downward trend in relatively short time frames.
What Is an Advanced Company (TSX Venture)? An advanced company is a public corporation listed on Canada’s TSX Venture Exchange that satisfies the exchange’s Tier One listing standards. The TSX Venture Exchange primarily lists emerging young companies seeking venture capital. Advanced or Tier One companies have significant financial assets and directors with proven reputations. Tier
What Is the Advance/Decline (A/D) Line? The advance/decline line (or A/D line) is a technical indicator that plots the difference between the number of advancing and declining stocks on a daily basis. The indicator is cumulative, with a positive number being added to the prior number, or if the number is negative it is subtracted
What Is an Advance Funded Pension Plan? An advance funded pension plan is funded concurrently with the benefits accrued by employees. These funds are set aside and accounted for well before employees retire. Advance funded pension plans are generally defined-contribution plans and are fully funded. There are several ways these plans can be funded. In one scenario, the employer
What Are Advance Directives An advance directive, sometimes called a living will, is a document expressing a person’s wishes about critical care when they are unable to decide for themselves. With an advance directive, individuals have the power to make future decisions about their own critical care without outside influence. A person who wishes or does not
What Is Advance Funding? Advance funding is any advance made on a future commitment or payment. The term advance funding is used very broadly and can involve a wide assortment of financial scenarios ranging from personal or project loans, future contractual payments like annuities or royalties and government appropriations. Advance funding can take a variety
What Is Advance Loss Of Profit (ALOP) Insurance? Advance loss of profit (ALOP) insurance provides coverage for financial losses due to delays in construction and infrastructure projects. ALOP will also provide a payout if companies face higher costs or lost profits when a project takes longer than expected to complete. ALOP is often called delayed completion coverage or delay in start-up (DSU) insurance as well. Key
What Is an Advance Payment? Advance payment is a type of payment made ahead of its normal schedule such as paying for a good or service before you actually receive it. Advance payments are sometimes required by sellers as protection against nonpayment, or to cover the seller’s out-of-pocket costs for supplying the service or product.
What Is an Advance Premium? An advance premium is an initial premium paid to bind an insurance policy for a given period of time. The most commonly known use of the term “advance premium” is with respect to fluctuating insurance payments, such as om payroll-based insurance policies, where the actual amount due is not known until after
