Getting into the family business was a natural move for Whitney Houston, even though her mother ensured her she could always take other options. Longtime personal assistant Robyn Crawford shared with Esquire, âShe got her chops singing in church, and her mother said to her, âYou know, you can always sing for free.
inducementnoun [ C or U ] uk â /ÉªnËdjuËsmÉnt/ us â. âº an act or a thing that is intended to make something happen or to persuade someone to do something: inducement (for sb) to do sth They offered him a large pay increase as an inducement for him to stay. It is illegal for American companies to offer inducements when tendering for contracts abroad.
Often with commercial leases a tenant will seek or be offered a form of inducement. for its lease of premises, generally to allow for tenant improvements to the space. There. are three common types of inducements: a cash payment; a rent holiday or free rent. period; or a build-out or construction allowance to be paid by landlord to the tenant. Each. of these types of lease inducements are treated differently for tax purposes, and the. structuring of the inducement package can impact its tax treatment for both parties to the. lease.