• Study Resource
  • Explore
    • Arts & Humanities
    • Business
    • Engineering & Technology
    • Foreign Language
    • History
    • Math
    • Science
    • Social Science

    Top subcategories

    • Advanced Math
    • Algebra
    • Basic Math
    • Calculus
    • Geometry
    • Linear Algebra
    • Pre-Algebra
    • Pre-Calculus
    • Statistics And Probability
    • Trigonometry
    • other →

    Top subcategories

    • Astronomy
    • Astrophysics
    • Biology
    • Chemistry
    • Earth Science
    • Environmental Science
    • Health Science
    • Physics
    • other →

    Top subcategories

    • Anthropology
    • Law
    • Political Science
    • Psychology
    • Sociology
    • other →

    Top subcategories

    • Accounting
    • Economics
    • Finance
    • Management
    • other →

    Top subcategories

    • Aerospace Engineering
    • Bioengineering
    • Chemical Engineering
    • Civil Engineering
    • Computer Science
    • Electrical Engineering
    • Industrial Engineering
    • Mechanical Engineering
    • Web Design
    • other →

    Top subcategories

    • Architecture
    • Communications
    • English
    • Gender Studies
    • Music
    • Performing Arts
    • Philosophy
    • Religious Studies
    • Writing
    • other →

    Top subcategories

    • Ancient History
    • European History
    • US History
    • World History
    • other →

    Top subcategories

    • Croatian
    • Czech
    • Finnish
    • Greek
    • Hindi
    • Japanese
    • Korean
    • Persian
    • Swedish
    • Turkish
    • other →
 
Profile Documents Logout
Upload
No securities regulatory authority has expressed an opinion about
No securities regulatory authority has expressed an opinion about

... estimates and forecasts about its business and the industry and markets in which it operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Assumptions underlying the Company's expectations regardi ...
Chapter 13 PowerPoint Presentation
Chapter 13 PowerPoint Presentation

... the amount of the obligation. These creditors are completely protected by the pledged property. ...
Form: 11-K, Received: 06/25/2013 17:25:37
Form: 11-K, Received: 06/25/2013 17:25:37

... If a participant qualifies for a hardship withdrawal, they can withdraw from their tax-deferred account (including catch-up contribution). The funds available under the non-hardship distributions must be withdrawn first before the tax-deferred funds can be withdrawn. Under present Internal Revenue ...
working capital - McGraw Hill Higher Education
working capital - McGraw Hill Higher Education

... the bank commits to a multi-year agreement, in return it will charge a commitment fee.  This is a fee charged by the bank on the unused portion of a line of credit.  Most bank loans have a duration of a few months and are designed to cover short-term working capital needs such as a seasonal increa ...
The Distribution of Subsidized Agricultural Credit
The Distribution of Subsidized Agricultural Credit

... not all of which are readily observable. Several of these include possession of title, other forms of collateral, farm size (see below), the existence of financial institutions in a given region, and alternative institutions Ð such as co-operatives Ð that facilitate access. If it can be established ...
Introduction to Accounting
Introduction to Accounting

... • Payment of dividends or capital to owners • Repayment of creditors Investing • Purchase of assets • Amounts invested in other entities (debt or equity) ...
An Introduction to Hedge Fund Strategies
An Introduction to Hedge Fund Strategies

... the manager to choose net-long or net-short (positive beta or negative beta) market exposure, while still focussing primarily on stock-selection opportunities. It has the disadvantage, from the perspective of the final investor that, it is no longer clear how the hedge fund allocation affects overal ...
Annex VI
Annex VI

... issued or guaranteed by BIS, IMF, EC, or MDBs Total securities with a 0% risk weight issued or guaranteed by BIS, IMF, EC, or MDBs, which institutions identify themselves as ‘extremely high liquidity and credit quality’ as referred to in Article 404, should be reported in columns F-J according to th ...
Notice of the Ministry of Labor and Social Security and China
Notice of the Ministry of Labor and Social Security and China

... 8. The original copy and photocopy of the effective identity certificate documents of the handling agent; and 9. Other materials that shall be provided as required by the China Clearing Corporation. Article 5 A trustee shall, when filling in the Application Form for Registration of Securities Accoun ...
CHAPTER 7
CHAPTER 7

... the nature of securities, the method of their distribution and trading, and obligations to disclose information as to their riskiness, in order that investors may make informed purchase decisions. While the chapter clearly focuses on shares of a corporation, students must bear in mind that “securiti ...
Frequently Asked Questions About
Frequently Asked Questions About

... registration, and the research report will not be ...
Supervision of Credit Rating Agencies: The Role of Credit Rating
Supervision of Credit Rating Agencies: The Role of Credit Rating

... the securities) of an enterprise and/or legal entity. In some jurisdictions, like the United States, CRAs are expressly excluded from prospectus liability (s.11 liability). It is possible that CRAs will be held liable in the Netherlands for prospectus liability (through s.6:194 of the Dutch Civil Co ...
Taylor Economics Chapter 29 Test Bank
Taylor Economics Chapter 29 Test Bank

... net worth, and the various methods that banks may employ to protect themselves from this type of outcome. Banks run a risk of negative net worth if the value of their assets declines. The value of assets can decline because of an unexpectedly high number of defaults on loans, or if interest rates ri ...
Filed by The Dow Chemical Company Pursuant to Rule 425 under
Filed by The Dow Chemical Company Pursuant to Rule 425 under

... forward-looking statements, including the failure to consummate the proposed transaction or to make or take any filing or other action required to consummate such transaction on a timely matter or at all, are not guarantees of future results and are subject to risks, uncertainties and assumptions th ...
Bonds
Bonds

... 2. the length of time until the amounts are received, 3. the market rate of interest. The features of a bond (callable, convertible, etc) affect the market rate of the bond. A corporation only makes journal entries when it issues or buys back bonds, and when bondholders convert bonds into common sto ...
Cobalt Power Group Inc. is a publicly traded Canadian exploration
Cobalt Power Group Inc. is a publicly traded Canadian exploration

... content of this News Release. WARNING: The Company relies on litigation protection for “forward looking" statements. Actual results could differ materially from those described in the news release as a result of numerous factors, some of which are outside the control of the Company. This news releas ...
SOUTHWEST AIRLINES CO
SOUTHWEST AIRLINES CO

... You should carefully review the information included elsewhere and incorporated by reference in this prospectus supplement and the accompanying prospectus and should particularly consider the following matters. This prospectus supplement, the accompanying prospectus, and the documents we incorporate ...
GEORGE MASON UNIVERSITY
GEORGE MASON UNIVERSITY

... assets in a form that avoids exposure to the risks associated with medium to long-term debt and equity investments. ...
Squeeze-out – Sell-out a significant reform to come.
Squeeze-out – Sell-out a significant reform to come.

... Linklaters LLP is a limited liability partnership registered in England and Wales with registered number OC326345. It is a law firm authorised and regulated by the Solicitors Regulation Authority. The term partner in relation to Linklaters LLP is used to refer to a member of Linklaters LLP or an emp ...
Daniels Corporate Advisory Company, Inc. (Form: 10
Daniels Corporate Advisory Company, Inc. (Form: 10

... The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at ...
T1.1 Chapter Outline - U of L Class Index
T1.1 Chapter Outline - U of L Class Index

... Secondary Market - trading of securities subsequent to the initial sale - enables the transfer of ownership • auction market - TSE • dealer market - ‘over the counter (OTC) ‘ ...
glossary
glossary

... b) Harder to transfer ownership. c) Reduced legal liability for investors. d) Most common form of organization. Ans: c Response A: Corporations generally have higher taxes than partnerships and proprietorships because corporate income is taxed twice, once at the corporate level and once at the indiv ...
NORTH AMERICAN PALLADIUM LTD (Form: 6-K
NORTH AMERICAN PALLADIUM LTD (Form: 6-K

... consecutive trading days immediately prior to date of issuance of each tranche (converted into US dollars). The exercise price of Warrants issued in connection with the Additional Notes cannot be less than the weighted average trading price of the Common Shares on the TSX for the five consecutive tr ...
Double Diamond Investors - Fuqua School of Business
Double Diamond Investors - Fuqua School of Business

... • Used multi-factor model from the insample periods to forecast the out-ofsample periods for each variable Double  Diamond ...
Procedure for Submission of Information and Reports to Closed
Procedure for Submission of Information and Reports to Closed

... timeframes set out herein shall be processed within no more than three (3) business days of the date of receipt of said documents from the Trading Member. ...
< 1 ... 4 5 6 7 8 9 10 11 12 ... 37 >

Asset-backed security

An asset-backed security (ABS) is a security whose income payments and hence value are derived from and collateralized (or ""backed"") by a specified pool of underlying assets. The pool of assets is typically a group of small and illiquid assets which are unable to be sold individually. Pooling the assets into financial instruments allows them to be sold to general investors, a process called securitization, and allows the risk of investing in the underlying assets to be diversified because each security will represent a fraction of the total value of the diverse pool of underlying assets. The pools of underlying assets can include common payments from credit cards, auto loans, and mortgage loans, to esoteric cash flows from aircraft leases, royalty payments and movie revenues.Often a separate institution, called a special purpose vehicle, is created to handle the securitization of asset backed securities. The special purpose vehicle, which creates and sells the securities, uses the proceeds of the sale to pay back the bank that created, or originated, the underlying assets. The special purpose vehicle is responsible for ""bundling"" the underlying assets into a specified pool that will fit the risk preferences and other needs of investors who might want to buy the securities, for managing credit risk – often by transferring it to an insurance company after paying a premium – and for distributing payments from the securities. As long as the credit risk of the underlying assets is transferred to another institution, the originating bank removes the value of the underlying assets from its balance sheet and receives cash in return as the asset backed securities are sold, a transaction which can improve its credit rating and reduce the amount of capital that it needs. In this case, a credit rating of the asset backed securities would be based only on the assets and liabilities of the special purpose vehicle, and this rating could be higher than if the originating bank issued the securities because the risk of the asset backed securities would no longer be associated with other risks that the originating bank might bear. A higher credit rating could allow the special purpose vehicle and, by extension, the originating institution to pay a lower interest rate (and hence, charge a higher price) on the asset-backed securities than if the originating institution borrowed funds or issued bonds.Thus, one incentive for banks to create securitized assets is to remove risky assets from their balance sheet by having another institution assume the credit risk, so that they (the banks) receive cash in return. This allows banks to invest more of their capital in new loans or other assets and possibly have a lower capital requirement.
  • studyres.com © 2025
  • DMCA
  • Privacy
  • Terms
  • Report