Cash In Lieu

Business, Legal & Accounting Glossary

  1. Home
  2. Glossary
  3. Define: Cash In Lieu

Definition: Cash In Lieu

Cash In Lieu

Quick Summary of Cash In Lieu

Payments made to investors who received fractional shares as a consequence of stock splits, corporate mergers and reorganizations. For instance, as a result of a merger, an investor is entitled to receive 17.25 shares. Since the company only issues whole shares, cash payment is made for the .25 share.

Cite Term
Sources

Synonyms For Cash In Lieu

CIL

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/cash-in-lieu/
Modern Language Association (MLA):
Cash In Lieu. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/cash-in-lieu/.
Chicago Manual of Style (CMS):
Cash In Lieu. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/cash-in-lieu/ (accessed: April 20, 2024).
American Psychological Association (APA):
Cash In Lieu. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/cash-in-lieu/

Definition Sources

Definitions for Cash In Lieu are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 21st November, 2021 | 0 Views.