The residual dividend model (RDM) is a dividend‑policy approach where a firm distributes dividends only after financing all profitable projects. For investors, it signals that the company prioritises growth opportunities over steady payouts, affecting valuation and income expectations.
ITF is an abbreviation that appears on many bank statements and can denote different types of fees or transaction descriptors. The most common interpretation is International Transaction Fee, a charge applied to cross‑border transfers. However, the exact meaning may vary by financial institution, so reviewing the bank’s glossary is advisable.
In the context of unemployment insurance, ‘WW Served’ typically refers to the number of ‘Weeks Served.’ This metric tracks how many weeks of benefits a claimant has already received from their total available balance.
Base plan coverage is the minimum set of benefits automatically included in an insurance policy. It defines the essential protections offered without optional riders or add‑ons.
Utility reimbursement refers to the compensation provided by an employer to an employee for work-related expenses incurred for utilities such as electricity, internet, or phone services. This practice is common in remote work arrangements where personal resources are utilized for business purposes. Policies vary by jurisdiction and company, often requiring documentation to substantiate claims.
“Refer to Maker” is a banking notation indicating that a check cannot be paid as presented and is being returned to the person who wrote it (the maker). This typically occurs due to insufficient funds, a closed account, or other discrepancies, and the payee is advised to contact the maker for resolution.
The phrase “loads will come due” refers to financial or contractual obligations that are approaching their payment or completion deadlines. It is commonly used in logistics, finance, and contractual contexts to indicate that certain responsibilities or payments must soon be fulfilled.
“Close the loop” is a phrase used in business, engineering, and sustainability to describe the completion of a feedback or material cycle. It implies that information, processes, or resources are returned to their origin for reuse or improvement. The concept underpins continuous improvement, circular economy practices, and effective communication.
In delivery and shipping contexts, “ROC” typically stands for “Received on Consignment” or “Release on Consignment,” referring to a status that indicates goods have been received or released under consignment terms. Understanding this term is important in logistics and supply chain management.
A payment deferred entry on a credit report shows that a creditor has postponed a required payment. The notation can affect credit scores, appears under specific account details, and reflects particular borrower‑lender agreements.