Template:M summ GMSLA Income Record Date: Difference between revisions

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(Created page with "A short definition wealthily endowed with compound prepositions like “with respect to” and “by reference to which”. Which is nice.")
 
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A short definition wealthily endowed with [[compound preposition]]s like “[[with respect to]]” and “[[by reference to which]]”. Which is nice.
[[Income Record Date - GMSLA Provision|A]] short definition wealthily endowed with [[compound preposition]]s like “[[with respect to]]” and “[[by reference to which]]”. Which is nice. especially since “by reference to which” does not, here, mean what you would usually expect it to mean, namely “on”. Here it does not mean on. The Income Record Date is not the date ''on'' which {{gmslaprov|Income}} is paid, but the date on which a [[holder or record]] had to be the holder of record — the [[record date]] —  to become entitled to payment on the securities.
 
I probably made more of a meal of that than I needed to. In a nutshell: the record date is a week or two, or even a month, before the {{gmslaprov|Income}} payment date. This also confused the living crap out of {{icds}} when they were writing the {{eqdefs}}, if that is any comfort.

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