Outrageously Funny Word Dictionary :: Checkoffs

👉 In finance, a "checkoff" is a type of dividend that is paid to investors who own shares in a company. It is typically distributed after a certain period of time following the distribution of the original dividend. The purpose of a checkoff is to provide financial support for the company and its shareholders. For example, if a company pays out dividends at a regular interval (like quarterly or annually), it can be used as a checkoff by distributing it after a certain period. This payment helps

checkoffs