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rebate |
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Rebate Negotiated return of a portion of the interest earned by the lender of stock to a short seller. When a stock is sold short, the seller borrows stock from an owner or custodian and delivers it to the buyer. The proceeds are delivered to the lender. The borrower, who is short, often wants a rebate of the interest earned on the proceeds under the lender's control, especially when the stock can be borrowed from many sources. Note: The seller must pay the lender any dividends paid out or, in the case of bonds, interest that accrues daily during the term of the loan. rebate (1) A refund. (2) A kickback. Kickbacks from settlement providers are illegal under the Real Estate Settlement and Procedures Act. Rebate Same as Negative Points. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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reasonable consent reasonable time reasonable use theory reassessment rebalance an account Rebalancing rebate Rebate (disambiguation) Rebate Barrier Option rebuttable presumption Recalculation method recapitalization Recapitalization proposal recapture recapture clause |
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