Search results
Results from the WOW.Com Content Network
Defeasance (or defeazance) (French: défaire, to undo), in law, is an instrument which defeats the force or operation of some other deed or estate; as distinguished from condition, that which in the same deed is called a condition is a defeasance in another deed. [1] The term is used in several contexts in finance, including: [2]
In finance, a floating charge is a security interest over a fund of changing assets of a company or other legal person.Unlike a fixed charge, which is created over ascertained and definite property, a floating charge is created over property of an ambulatory and shifting nature, such as receivables and stock.
Historically, the most significant type of penal bond was the penal bond with conditional defeasance. A penal bond with conditional defeasance combined in one document the bond (the promise to pay a specified amount of money) with the contractual obligation.
The statement explained that a bond defeasance is a process that sets aside and invests the remaining bond dollars in escrow to ensure that the principal and interest payments on the bonds are ...
Accounting and Financial Reporting for Impairment of Capital Assets and for Insurance Recoveries: Nov. 2003: Amended by various GASBS; 43. Financial Reporting for Postemployment Benefit Plans Other Than Pension Plans: Mar. 2004: Superseded by GASBS 74; 44. Economic Condition Reporting: The Statistical Section—an amendment of NCGA Statement 1 ...
An Olive Garden breadstick was marked with the letters and a number: OK6. Let the conspiracy theories begin!
A recognizance is subject to a "defeasance"; that is, the obligation will be avoided if person bound does some particular act, such as appearing in court on a particular day, or keeping the peace. [1]
Finance. Finance. ABC News. Fund for Bernie Madoff victims begins final payout of $131M. Finance. Reuters. US files complaint against fintech app Dave and its CEO. Food. Food. Cheapism.