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Dictionary
soft dollars
noun
A rebate or commission paid with goods or services, rather than cash.
Exact(50)
So soft dollars basically can pay for hard dollar borrowing.
If you abolish soft dollars tomorrow, you would hurt smaller companies more than larger ones.
For example, costs like office rent and utility payments cannot be covered by soft dollars for mutual funds but are sometimes paid for through soft dollars generated by hedge funds.
In all of 1999, the Democrats raised $49.4 million in soft dollars and the Republicans raised $57.8 million.
Even if Congress eventually does outlaw soft dollars, Mr. Barbour said he and his party would still thrive.
It means that political parties could borrow hard dollars in this year's election cycle and replace them with soft dollars that they could raise.
Similar(5)
And boards of mutual funds would have to review "soft dollar" deals annually.
Government regulators have cracked down on these "soft dollar" arrangements — where a money manager steers business to a bank in exchange for perks.
Peter Marks (NYT) FUND-RAISING SOFT MONEY OUTLINED -- The raising of lightly regulated "soft dollar" campaign money picked up speed in the first quarter of 2000 for both Democrats and Republicans.
He also was Chairman and President of Shaw Data Securities, a leading provider of soft dollar brokerage solutions to the institutional investment advisory community.
In addition to commissions that may be used to encourage brokers to sell funds, there are large payments of "soft dollar" commissions.
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