step-up


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Related to step-up: step-up transformer

Step Up

1. Informal; to increase. For example, one's income may increase until one "steps up" into a higher marginal tax rate.

2. In convertible securities, a scheduled increase in the conversion price. Step-ups also apply to warrants and options. For example, if a shareholder owns convertible preferred stock at a conversion price of $10 per share, a step-up may involve an increase in the conversion price to $12 per share. The terms under which the security is sold outline the amount of the step-up and when it takes place. Because step-ups are contrary to the interest of buyers, there is little demand for securities with step-ups, and, as a result, they are a relatively rare feature of convertible securities.

step-up

A scheduled increase in the exercise or conversion price at which a warrant, an option, or a convertible security may be used to acquire shares of common stock. For example, a warrant may permit its owner to purchase ten shares of stock at $20 per share up to a specified date and at $22.50 per share thereafter until the warrant expires. The step-up works to the disadvantage of the holder, however. It is not a feature of most of these securities.
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The regulations lack guidance on partnership goodwill, step-up of partnership basis and the application of the anti-churning rules.
For valuations conducted in the framework of the Adjusted Present Value approach we show that a discount rate r* is adequate to value step-up induced depreciation benefits.
If a carryover basis regime is implemented, the AICPA suggests that an allowance for step-up in income tax basis also be adopted.
During the bonus period, step-ups occur every three years.
Investors will be notified at least 30 days in advance and may decline the step-up to avoid the higher fee.
LifeGuard Protector Plus(SM) - features a 5% benefit increase in the first 10 contract years if no withdrawals are taken, and an owner-initiated step-up option at five-year intervals.
At MetLife, we haven't changed the underlying guarantees and benefits of the GMIB Plus/Predictor Plus, we just added more flexibility with the annual step-up," said Lisa S.
The next morning I met Lauren at the fitness suite, and she had me doing lots of body-weight exercises like squats, lunges and step-ups before finishing with some interval training on the bike.
STEP-UPS STAND in front of a bench and place your left foot firmly on the bench.
Laura suggests a home workout could include three repetitions of the following circuit, with 10 to 15 seconds of rest in-between each set: five minutes of skipping intervals (skip for a minute, rest for 20 seconds), a minute of squats, a minute of push-ups, a minute of step-ups (each leg), a minute of burpees and a minute of shuttle runs (sprinting from one end of garden/hallway to the other, touching the floor at each end).
She asked me to lift heavy ropes and do a series of step-ups.
The clip shows Obama, in a black tracksuit with headphones in his ears, doing weight lifting exercises, which included lunges, side raises, step-ups and shoulder presses, the New York Daily News reported.