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The Central Provident Fund Board (CPFB), commonly known as the CPF Board or simply the Central Provident Fund (CPF), is a compulsory comprehensive savings and pension plan for working Singaporeans and permanent residents primarily to fund their retirement, healthcare, and housing [3] needs in Singapore.
A pledge is a bailment that conveys title to property owned by a debtor (the pledgor) to a creditor (the pledgee) to secure repayment for some debt or obligation and to the mutual benefit of both parties. [1] [2] The term is also used to denote the property which constitutes the security. [3] The pledge is a type of security interest.
The threshold pledge or fund and release system is a way of making a fundraising pledge as a group of individuals, often involving charitable goals or financing the provision of a public good. An amount of money is set as the goal or threshold to reach for the specified purpose and interested individuals will pitch in, but the money at first ...
In lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan. [1] [2] The collateral serves as a lender's protection against a borrower's default and so can be used to offset the loan if the borrower fails to pay the principal and interest satisfactorily under the terms of the lending ...
A mortgage loan has two parts: The promissory note.This is the financing instrument that acts as evidence of the debt. It’s a written promise or agreement to repay the debt in installments with ...
The Central Plan Scheme Monitoring System (CPSMS) (now called Public Finance Management System or PFMS) [1] is a Government of India public financial management reforms initiative which monitors programs in the social sector and tracks funds disbursed. Given the large number programs on which the money is spent, the CPSMS is an initiative by ...
Recently, there have emerged a number of unconventional abbreviations, such as A*STAR for Agency for Science, Technology and Research.) When SAFTI (Singapore Armed Forces Training Institute) was reorganised in 1995, it acquired the name SAFTI Military Institute , further abbreviated as SAFTI MI , which when fully expanded would form a rather ...
Cadastro de Pessoas Físicas, an identity number for individuals issued by the Brazilian government; Central Provident Fund, the mandatory saving and social security plan of Singapore; Communist Party of Finland, a communist political party in Finland. The SKP was a section of Comintern and illegal in Finland until 1944