Agreement or arrangement in which the heavier charges are levied, or greater benefits accrue, towards the end of its duration or term. Opposite of front Loaded.
Taxes that were not paid when due. This behavior can be done unintentionally (made an error when filling out your taxes) or intentionally (tax evasion). Depending upon the circumstances, the government may take one of many strategies to deal with back taxes, such as pressing charges, demanding that ...
Past wages and benefits (bonus, increment, overtime, etc.) to which an employee is entitled either because of a retroactive increase or employment practices (such as dismissal or denial of promotion) declared unlawful by a court or tribunal.
A billing that is made to collect an expense that is incurred in a previous billing period. This may be an adjustment that is due to an error, or it could be for the purpose of collecting an expense that was not billable until a later period due to issues of timing. When possible, it is best to ...
Fee charged by mutual funds (unit trusts) to shareholders (unit holders) who sell their shares (units) before the prescribed period of unit-holding (usually eight years) is over. This fee declines with every year of shareholding and reaches zero on the last day of the prescribed period. See also ...
Full payment of a loan (or discharge of an obligation) evidenced by a document or receipt, such as satisfaction of mortgage issued by a lender (mortgagee).
Leasing charge that covers the lessor's administrative cost in arranging the lease. It usually includes expenses for obtaining the lessee's credit reports, reviewing the lease documentation, verifying the insurance policy, etc.
Cost of an asset after deducting discounts, and adding normal incidental costs (except taxes).
