ASC

Glossary

K

2 terms

Kick-Out Rights (VIE definition)

The ability to remove the entity with the power to direct the activities of a VIE that most significantly impact the VIE's economic performance or to dissolve (liquidate) the VIE without cause.

Used in 1 subtopic:810-10

Kick-Out Rights (Voting Interest Entity definition)

The rights underlying the limited partner's or partners' ability to dissolve (liquidate) the limited partnership or otherwise remove the general partners without cause.

Used in 3 subtopics:323-970810-10810-958