High Watermark

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Definition: High Watermark

High Watermark
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Full Definition of High Watermark

The highest value that has been earned by an investment fund. This value is often used when determining the bonus earned by the fund manager; a fund manager’s bonus will be based on the amount of money he or she earned above the high watermark level. If the amount of money earned is below the high watermark level, he or she will not receive a bonus.

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https://payrollheaven.com/define/high-watermark/
Modern Language Association (MLA):
High Watermark. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
July 07, 2024 https://payrollheaven.com/define/high-watermark/.
Chicago Manual of Style (CMS):
High Watermark. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/high-watermark/ (accessed: July 07, 2024).
American Psychological Association (APA):
High Watermark. PayrollHeaven.com. Retrieved July 07, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/high-watermark/

Definition Sources

Definitions for High Watermark 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: 20th November, 2021 | 0 Views.