BNET Business Dictionary

Business Definition for: Entitlement

  • the expectation that an organization or individual will make large profits regardless of their contribution to the economy or company

Wiktionary Definition for: Entitlement

  • the right to have something
  • something that one is entitled to (or ''believes'' that one is entitled to)
  • (''Politics'') government payments that are guaranteed to a segment of the population, such as the Pell Grant and social security in the US.
  • As good as a process can get without capital investment. Alt. A perceived "right to demand." Opposite of a gift, in that it is without appreciation. A "you owe me" obligation for which, I owe nothing in return.

Additional Resources

Macquarie ProLogis Trust to raise A$196.5 million in priority entitlement offer.
Feb 16, 2003 (The Australian Financial Markets Newsletter - INSTO - ABIX via COMTEX) -- Macquarie ProLogis Management is raising $A196.5 million via a priority entitlement offer. Proceeds will go toward its acquisition of US industrial properties. Th Feb 16, 2003 (The Australian Financial Markets Newsletter...
Tags: ProLogis
Research articles 2003-02-17
Drug entitlement survives house by one vote
Forty-five minutes had already passed during the prolonged late-night vote in the House of Representatives on the proposal to create a new federal prescription drug entitlement (H.R. 1). Rep. Mike Pence (R.-Ind.) had already cast his vote-a firm "no.""To have a Republican majority create a new entitlement is unacceptable," Pence...
Tags: conference, entitlement, HEALTHCARE, Leadership, Republican, U.S. Senate
Research articles 2003-07-14
[728] Employee Entitlement Fund.
Byline: Lisa Mak May 13, 2007 (Weekly Tax Bulletin - ABIX via COMTEX) -- The Australian Taxation Office ATO issued Taxpayer Alert TA 2007/2 "Employee Entitlement Fund" on 3 May 2007. The document outlines an arrangement known as an employee entitlement fund, into...
Tags: Australian Taxation Office, FINANCE, Taxes
Research articles 2007-05-13
"Absolute entitlement" and its important for beneficiaries of deceased estates.
Byline: Georgina Thomson and Joanna Marwood Jun 28, 2007 (Taxation in Australia - ABIX via COMTEX) -- The Australian Taxation Office, the Treasury Department and the tax profession are currently working to clarify the meaning of "absolute entitlement". When considered in the context...
Tags: Australian Taxation Office, beneficiary, entitlement, FINANCE, Taxes
Research articles 2007-06-28
Bipartisanship will lighten the load of entitlement reform: 'heavy lifting' awaits Congress.(National League of Cities' 1996 Congressional City Conference)
A panel discussion at the 1996 Congressional City Conference addressed the topic of entitlement reform. The panel, moderated by David Gergen, expressed a general agreement on the need for entitlement reform, and that the difficult task will be made easier by cooperation by all concerned.Characterizing the hard work of reforming...
Tags: entitlement, HEALTHCARE, Phillips, U.S. Congress
Research articles 1996-03-18
Statement on the Senate vote to reduce entitlement spending
December 21, 2005 The Senate vote to reduce entitlement spending is a victory for taxpayers, fiscal restraint, and responsible budgeting, and it will help keep us on track to cut the deficit in half by 2009. I applaud the Republicans in the House and Senate who supported the legislation....
Tags: entitlement, U.S. Senate
Research articles 2005-12-26
Congress Still Ignores Entitlement Monster
Congress is spending us into a hole. We hear about the cost of earmarks and the Iraq war. But what about "entitlements"? That's the government's ironic term for programs that transfer money from people who earned it to people who didn't. Entitlement? How can you be entitled to someone else's...
Tags: Congressional Budget Office, entitlement, FINANCE, Government, HEALTHCARE, Medicaid, Monster, Ryan, SOFTWARE, Taxes, U.S. Congress
Research articles 2008-06-16
WEDNESDAY LAW REPORT: Entitlement to recover fees of taxation expert
Whilst there was no entitlement to recover costs as a disbursement in respect of work done by a member of the Chartered Institute of Taxation which would normally have been done by a solicitor who had been instructed to conduct a tax appeal, it did not necessarily follow that there...
Tags: Tenon Ltd.
Research articles 2005-12-07
Spoiled Brats: Your HR Policies May Be Contributing to a Sense of Employee Entitlement
It is, perhaps, one of the most frustrating experiences in HR: A person goes to great lengths and expense to design compensation and benefits plans to keep employees motivated and happy, and, over time, employees come to expect them as their due. Privileges become rights, and perks lose their power...
Tags: Entitlement, Thomson Corp., Benefits, Human Resources
White papers 2004-11-01
Concord Coalition Urges Budget Negotiators to Reinstate Pay-As- You- Go Rule for Entitlement Spending and Tax Cuts
WASHINGTON, March 30 /U.S. Newswire/ -- With budget negotiations between the House and Senate now underway, The Concord Coalition today strongly recommended that negotiators agree to reinstate the traditional pay-as-you-go paygo rule for entitlement expWASHINGTON, March 30 /U.S. Newswire/ -- With budget negotiations between the House and Senate now underway,...
Tags: U.S. Senate
Research articles 2004-03-30
Should drug entitlement be GOP legacy?
Negotiators from the House and Senate last week completed work on a bill to create a Medicare prescription drug benefit. With an estimated cost of more than $400 billion over the next ten years, and far more than that in subsequent years when the Baby Boom generation moves into retirement,...
Tags: entitlement, Government, HEALTHCARE, Medicare, president, Republican, U.S. Congress
Research articles 2003-11-24
Senate, with three votes, passes drug entitlement
On November 25, in three separate votes, the Senate invoked cloture, waived budget objections, and passed President Bush's proposed Medicare prescription drug entitlement for senior citizens (H.R. 1), that had already passed the House see rollcall at right.Only nine Republicans opposed the bill in the Senate. One of them, Sen....
Tags: FINANCE, Government, HEALTHCARE, Medicare, Nelson, Regulations, Sarbanes-Oxley, U.S. Senate
Research articles 2003-12-08
Entitlement creates overprivilege
Jon Saraceno's commentary about the Duke lacrosse team (Keeping score, "Alcohol turns tide of culture," April7) indicates alcohol is really just a symptom. The notion of entitlement he mentions -- including athletic-based -- is the root of the problem. The notion of the value to the greater good has been...
Tags: alcohol, Duke University, entitlement, FINANCE, football, Investment, Leadership, Manufacturing
Research articles 2006-04-11
[458] Foreign income in trusts and entitlement to foreign tax credits.
Byline: Lisa Mak Mar 27, 2007 (Weekly Tax Bulletin - ABIX via COMTEX) -- The Australian Taxation Office ATO issued Draft Taxation Ruling TR 2007/D3 on 14 March 2007. The document, on which the ATO is asking for feedback by 27 April 2007,...
Tags: Australian Taxation Office, FINANCE, income, Taxes
Research articles 2007-03-27
Watchdog Groups Call for Offsetting the Costs of Tax and Entitlement Measures to Halt Expansion of Deficits and Debt
News Advisory: -- Good until Thursday, June 23 at 10 a.m. ET Five budget watchdog groups will hold a news conference Thursday, June 23 at 10 a.m. ET to issue a joint statement calling on Congress to offset both the short- and long-term costs of all future tax cuts and...
Tags: FINANCE, Taxes, U.S. Congress
Research articles 2005-06-20
Blunt: Democrats' Budget Silent on Entitlement Reform, Outspoken on New Taxes
To: POLITICAL EDITORSContact: Burson Taylor Snyder or Amos Snead of the Office of the House Republican Whip Roy Blunt, +1-202-226-7022 WASHINGTON, May 17 /PRNewswire-USNewswire/ -- House Republican Whip Roy Blunt (Mo.) released the following statement this afternoon after House and Senate Democrats agreed to a final version of the 2008...
Tags: Democrat, entitlement, FINANCE, Republican, Taxes, U.S. Senate
Research articles 2007-05-17
Change in entitlement status for welfare could swamp cities.
Pres Clinton's proposed 1997 budget would increase financing for the Dept of Health and Human Services by $27 billion, to $354 billion. However, the budget is made somewhat questionable by the fact that Clinton and Congress have yet to agree on a 1996 budget.For the nation's cities and towns, the...
Tags: Benefits, HEALTHCARE, Medicaid, president, SOFTWARE, U.S. Department of Health and Human Services, welfare
Research articles 1996-03-25
Local leaders keep pressure on deficit reduction commitment. (federal budget deficit; includes a reprint of the Natl League of Cities Statement on Deficit Reduction & Entitlement Reform)(San Antonio: 1996 Congress of Cities & Exposition, December
NLC leaders presented a seven-point agreement they have adopted for deficit reduction and entitlement reform at their 73rd annual conference in San Antonio, TX. State and local governments are expected to take on more responsibilities because of changing federal programs. Members of the National League of Cities NLC called...
Tags: entitlement, FINANCE, Government, leader, Leadership, president, SOFTWARE, Taxes, U.S. Congress
Research articles 1996-12-16
President's budget contains mixed messages for cities: tough choices on entitlement programs postponed.
Pres Clinton's 1998 budget proposal includes both good news and bad news for municipal governments. For example, the budget tends to emphasize human needs, but gives inadequate attention to public infrastructure. Specific budget details are discussed. President Clinton's 1998 budget proposals contain a mixture of conflicting messages...
Tags: entitlement, FINANCE, Medicare, president, Taxes, Transportation, U.S. Congress
Research articles 1997-02-10
Without entitlement reform, cities will be losers.
Sen Pete Domenici said entitlement spending is one of the major roadblocks to balancing the federal budget. He made his remarks to a roundtable session at the Congressional-City Conference. Pres Clinton recently withdrew plans to establish an independent commission to evaluate the consumer price index. "I believe the...
Tags: entitlement, leader, Leadership, SALES, U.S. Congress, White House
Research articles 1997-03-17
advertisement
advertisement