Financially interdependent definition

Financially interdependent means that either or both of the partners depends on financial contributions from the other to pay for common necessities of life, such as food, clothing, shelter and medical care.
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Financially interdependent means the Subscriber and the individual can establish that they are in a committed relationship of mutual interdependence by submitting documentation from any one (1) of the following criteria:
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Financially interdependent means that you rely on your joint finances to support your standard of living. It doesn’t necessarily mean that you need to be contributing equally. For example, if your partner’s income is a lot more than yours, he or she might pay the mortgage and most of the bills, and you might pay for the weekly shopping.
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More Definitions of Financially interdependent

Financially interdependent means individuals in a domestic partnership are jointly responsible for the financial obligations of the partnership.
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Financially interdependent means that you rely on your joint finances to support your standard of living. It doesn't mean that you necessarily contribute equally. During your relationship, you and your partner should keep evidence of your financial interdependence so that this can be produced to support any claim for a survivor's pension.
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Related to Financially interdependent

  • Financially impaired means a carrier which, after the effective

  • Financially Literate means the ability to read and understand a set of financial statements that present a breadth and level of complexity of accounting issues that are generally comparable to the breadth and complexity of the issues that can reasonably be expected to be raised by the Corporation’s financial statements.

  • Financially Evaluated Entity means the company which has been evaluated for the satisfaction of the financial requirement set forth in Clause 2.1.3 hereof;

  • Socially and economically disadvantaged person means an individual who is a citizen or lawful permanent resident of the United States and who is Black, Hispanic, Native American, Asian, Female; or a member of another group or an individual found to be disadvantaged by the Small Business Administration pursuant to Section 3 of the Small Business Act.

  • Skilled Nursing Facility means an institution or part thereof that is licensed as a Skilled Nursing Facility by the State of Florida, and is accredited as a Skilled Nursing Facility by The Joint Commission or recognized as a Skilled Nursing Facility by the Secretary of Health and Human Services of the United States under Medicare.