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But as in the settlement with the doctors, both the dentists and Aetna said the main significance of the settlement was not the immediate cash payment.
In the months before his death, Mr. Tankleff had demanded an immediate cash payment of $50,000, and Mr. Steuerman resisted, according to members of the Tankleff family.
The company said its offer meant most of the former employees would receive an immediate cash payment equivalent to 16 weeks of their previous pay.
The Navy provided an immediate cash payment of $300 million and the company recorded an after-tax loss of $187 million.
That is the requirement imposed by Europe and the International Monetary Fund to make an immediate cash payment and to allow Greece to qualify for a second batch of rescue money needed to stave off default.
In a transaction known as a viatical settlement (for terminally ill patients) or a life settlement (for everyone else), the person selling his insurance gets an immediate cash payment.
Similar(43)
The money is in immediate cash payments of £500 and £5,000 bank payments, or similar.
Some of the claims resulted in immediate cash payments, while others were paid in the form of checks to landlords, officials said.
Those look like staggering amounts until one understands that they don't require any immediate cash payments and that the added taxes will be paid out slowly — over perhaps 30, 40 or more years, depending on a company's retiree plan.
Gov. Andrew Cuomo has done retirees and military veterans a great service by ordering New York's top banking regulator to investigate "pension advance" firms that persuade customers to sign over all or part of their monthly pensions in exchange for immediate cash payments.
Immediate cash payments will be disbursed instead of checks.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com