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| Definitions by InvestorWords.com |
| What is...? |
Cash-in-Lieu Cash-in-Lieu represents the cash value of any fractional Dividend Reinvestments. Cash-in-Lieu is calculated by multiplying the fractional share by the market value at release.
Any Cash-in-Lieu will be used to reduce the amount you need to pay to your company for the taxes due at the time of the release.
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