transfer value — The value of the pension benefits that you are allowed to take if you decide to leave an occupational pension scheme. The precise value of these benefits will be calculated by an actuary who works for the pension scheme administrator. Financial… … Financial and business terms
transfer value — / trænsfɜ: ˌvælju:/ noun the value of a pension when it is moved from one scheme to another … Dictionary of banking and finance
cash equivalent transfer value — (CETV) A member of a salary related scheme who has more than 12 months to go before attaining the scheme s normal retirement age has a statutory right under the Pension Schemes Act 1993 to take a cash equivalent transfer value (CETV) to another… … Law dictionary
transfer of value — a disposition made by a person (the transferor) as a result of which the value of his estate immediately after the disposition is less than it would be but for the disposition, and the amount by which it is less is the value transferred. This… … Law dictionary
value — val·ue 1 / val yü/ n 1 a: a fair return or equivalent in goods, services, or money for something exchanged received good value for the price b: valuable consideration at consideration … Law dictionary
transfer of assets — The conveyance of something of value from one person, place, or situation to another. Dictionary from West s Encyclopedia of American Law. 2005. transfer of assets The conveyance of something of val … Law dictionary
Transfer (propaganda) — Transfer is a technique used in propaganda and advertising. Also known as association, this is a technique of projecting positive or negative qualities (praise or blame) of a person, entity, object, or value (an individual, group, organization,… … Wikipedia
value for money — (VfM). In a PPP, VfM means that the project agreement gives a net benefit to the awarding authority, defined in terms of cost, price, quality, quantity, or risk transfer, or a combination of these. Practical Law Dictionary. Glossary of UK, US and … Law dictionary
Value transfer system — A value transfer system refers to any system, mechanism, or network of people that receives money for the purpose of making the funds or an equivalent value payable to a third party in another geographic location, whether or not in the same… … Wikipedia
Transfer-For-Value Rule — The stipulation that, if a life insurance policy (or any interest in that policy) is transferred for something of value (money, property, etc.), a portion of the death benefit is subject to be taxed as ordinary income. This portion is equal to… … Investment dictionary
