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earn out |
Also found in: Financial, Wikipedia | 0.04 sec. |
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earn out verb bring to a zero balance, bring up to date, defray the expenses, lend, loan, paid back, pay back after an advance, repayment, used upGenerally: indemnify, recoupment, reimburse, remit How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The three-year loan includes a $2 million earnout available if the property meets specified performance criteria. Small World, based in Culver City and traded over the counter, had planned to buy Bead Shop for $15 million in cash and $5 million in restricted shares of Small World common stock, plus contingent earnouts. FASB also is mulling requirements for how companies account for merger-related restructuring expenses, such as the expense of relocating employees and bookkeeping for earnouts. |
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