Blanket Additional Insured Endorsement. An insurance policy endorsement that automatically provides coverage ... Insurance that protects a company and/or business owner in the ... Additional insurance coverage that is automatically included ... Any type of insurance policy that protects an individual or business ...
What is a 'Rebate' A rebate is the portion of interest or dividends earned by the owner (lender) of securities that are paid to a short seller (borrower) of the securities. The borrower is required to pay the interest or dividends to the owner.
BREAKING DOWN 'Rebate' Selling short refers to selling securities that the investor does not own, which means that the investor must borrow securities to make delivery to a buyer. When an investor places a short sale trade, that individual must deliver the securities to the buyer on the trade settlement date.