单词 | entity purchase agreement |
释义 | entity purchase agreementDefinition A method used in business succession planning whereby if a company consists of more than just one owner, it will purchase life insurance policies on the lives of all such owners for the amount of interest held by each. Should one of these owners pass away, the proceeds from this life insurance policy will be used to pay the estate of the deceased owner for his or her percentage share of the business. |
随便看 |
|
英汉经管词典收录了27404条经济管理类英汉双解词条,基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法,是学习及工作的有利工具。