Split Dollar

Business, Legal & Accounting Glossary

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Definition: Split Dollar

Split Dollar
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Full Definition of Split Dollar

Premiums on life insurance are split between an employee and the employer. Any monetary gains received from the policy will also be split between the beneficiary listed on the policy and the employer.

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/split-dollar/
Modern Language Association (MLA):
Split Dollar. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/split-dollar/.
Chicago Manual of Style (CMS):
Split Dollar. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/split-dollar/ (accessed: April 19, 2024).
American Psychological Association (APA):
Split Dollar. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/split-dollar/

Definition Sources

Definitions for Split Dollar 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: 16th November, 2021 | 0 Views.