Step up


Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia.

Step up

To increase, as in step up the tax basis of an asset.

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.
Mentioned in ?
References in periodicals archive ?
Since 2005, Step Up has hosted 44 "poverty simulations" at which more than 2,800 representatives from businesses and community groups have gotten a taste of that reality.
Step Up is grappling with the root of the problems that damage our society rather than the fruit - funding, publicity, etc which are now substitutes for vision, purpose and good old-fashioned hard work.
For more than 20 years, Step Up has been a leader in providing services to individuals who have a mental illness.
We're truly looking forward to celebrating another year of accomplishment for Step Up Women's Network, and honoring some of the outstanding women who exemplify a new generation of female philanthropists," said executive director Danielle Carrig.
Through the "Under Par to Above Par" program, VTech will donate one cordless phone for each birdie made by the VTech LPGA team to Step Up, for use in its mission to provide tools and resources to help brighten the future for young women.
This new facility will expand the reach of Step Up, giving more people who are homeless and suffer from mental illness a safe and well-managed place to call home.
Try Single Leg Work Step ups, lunges and split squats all allow you to focus on just one leg and glutei at a time which can add more stress and ultimately more gains and more definition.
The senior secured term loans bear an initial interest rate of LIBOR + 350 bps post amendment, while borrowings under the senior secured revolving facility will bear an initial interest rate of LIBOR + 325 bps, with additional step ups in applicable margin to be applied as per increases in the company's total net leverage to EBITDA ratio during the life of the revolving facility.
A FITNESS trail featuring step ups, hurdles and parallel bars is to be installed at the War Memorial Park in Coventry.
This issue could be compounded by potential step ups in cost recognition," according to the analyst.