Business / Agriculture / Indemnity Payment: The payment that eligible producers receive if they realize a qualifying crop loss under crop insurance, revenue insurance, or any insurance program.
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Indemnity Adjective Synonyms: compensation, repayment, reimbursement, remuneration, recompense, consideration, restitution, reparation(s), redress, indemnification, return, quid pro quo, restoration, award, reward, payment, disbursement, amends, requital, atonement, reckoning
Indemnity Noun Synonyms: insurance, protection, security, safety, guarantee, assurance, underwriting, warrant, endorsement, certification, exemption, impunity, privilege
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Business / Finance / Payment-In-Kind (PIK) Bond: A bond that gives the issuer an option (during an initial period) either to make coupon payments in cash or in the form of additional bonds. MORE
Business / Agriculture / Payment-In-Kind (PIK): In general, a payment made in the form of CCC-owned commodities (or title to them) in lieu of cash. This form of payment was widely used during the 1980s for paid diversion, deficiency payments, and e MORE
Business / Internet Marketing / Payment Threshold: The minimum accumulated commission an affiliate must earn to trigger payment from an affiliate program. MORE
Business / Construction / Payment Schedule: A pre-agreed upon schedule of payments to a contractor usually based upon the amount of work completed. Such a schedule may include a deposit prior to the start of work. There may also be a temporary MORE
Business / Agriculture / Payments In Lieu Of Taxes (PILT): A program administered by the Bureau of Land Management of the Department of the Interior to compensate counties for the tax-exempt status of federal lands: the fixed payments per entitlement acre (on MORE
Business / Finance / Payments Netting: Reducing fund transfers between affiliates to only a netted amount. Netting can occur on a bilateral basis (between pairs of affiliates), or on a multi-lateral basis (taking all affiliates together). MORE