The whole point of negotiating for something is to address your real needs. 1  Before you limit what you ask for, make sure you know what you want. Think broadly and do not limit yourself to financial expenses. For example, one client of mine decided these were her needs: 2  Assistance in selecting and paying for child care.
A temporary account that holds costs until they can be transferred elsewhere. For example, a company might use a clearing account to hold revenue and costs when completing year-end fiscal calculations. When the company has finished placing the revenue and costs in the account it can then transfer the amount to the company's net earnings.
BREAKING DOWN 'Special Memorandum Account-SMA'. The purpose of an SMA is to lock in any gains realized in a client's margin account. Consider the situation where stock within a client's margin account realizes a capital gain and creates excess margin.If this excess amount is held in the account and the stock position produces a capital loss at a later date, the client would lose his or her gain entirely.An SMA can also hold interest and dividend payments from long positions and proceeds from closing out a securities position.f this excess amount is held in the account and the stock position produces a capital loss at a later date, the client would lose his or her gain entirely. An SMA can also hold interest and dividend payments from long positions and proceeds from closing out a securities position.