Participating Policy Definition.

A participating policy is a life insurance policy that pays dividends to its policyholders. The dividends are based on the company’s profitability and are typically paid out in cash, although some companies offer policyholders the option to reinvest their dividends. Dividends are not guaranteed, and the amount of the dividend may vary from year to … Read more

Border Adjustment Tax (BAT).

A Border Adjustment Tax (BAT) is a type of tax that is levied on goods that are imported into a country. The tax is typically based on the value of the good, and it is designed to level the playing field between domestic and foreign producers. The BAT is often used as a way to … Read more

Reinvoicing Center Definition.

A reinvoicing center is a type of financial institution that provides financing to companies by purchasing their accounts receivable and then selling them to investors. The center typically charges a fee for its services and may also require the company to post collateral. Reinvoicing centers can be used by companies to improve their cash flow … Read more