You can borrow
against the cash reserve.
An incident of ownership includes the right to assign, to terminate, to name beneficiaries, to change beneficiaries and to borrow
against the cash reserves.
Also you know whatever you have to renovate is also adding value to the house, so for example if you pay for new appliances, that's not only a «ding»
against your cash reserves, but it's also a «plus» for the property (in other words it's not throw - away money).
Not exact matches
A 401 (k) can serve as an emergency
cash reserve, but most experts strongly advise
against taking loans lightly.
The leading performance benchmark for this strategy is the CBOE S&P 500 PutWrite Index (PUT), an index that measures the performance of a hypothetical portfolio that sells one - month S&P 500 ® Index (SPX) put options
against collateralized
cash reserves -LSB-...]
While maintaining a debt - to - income ratio under 36 % protects you from minor changes in your finances, a
cash reserve protects
against major ones.
Silent Stan takes over and installs his yes man and then AFC stop spending to build up
cash reserves and as such build up AFC value as a business and thus leading to higher loans being taken
against Silent Stans wealth.
Cuomo also proposed a $ 1 billion
reserve fund to guard
against future health care cuts that, legislators say, may be funded at a lower level to free up
cash for other priorities.
Typically, these surpluses are used to build operating
reserves of about 5 percent of a school's yearly budget, to insure
against normal
cash - flow needs, temporary revenue interruptions, or fluctuations in annual per - pupil funding levels.
The amount of capital that banks hold as
reserve against losses should be proportionate to the present value of risky
cash flows.
You can guard
against overdrafts by linking to a separate checking or savings account, credit card or
cash reserve line of credit.
(Fractional
reserve banking often allows banks to have small
reserves against which loans can then be made out for larger amounts as usually most people do not withdraw their
cash deposits at the same time.
A 401 (k) can serve as an emergency
cash reserve, but most experts strongly advise
against taking loans lightly.
The main purpose of the legal
reserve is to provide lifetime protection, but because more money is collected in premiums in the early years of a policy than is needed to cover the mortality charge, level - premium policies develop a
cash value, which the policyholder can borrow
against, or can surrender the policy for its
cash value if the policyholder no longer wishes to continue the life insurance policy.
By law, life insurance companies must maintain a
cash reserve against their obligation to pay death claims.
Additionally, you may elect to purchase the policy so that a level death benefit is purchased and the
cash value accumulates «on top of» or in addition to the death benefit or you may choose to purchase a level death benefit in which the
cash value acts as a
reserve against the death benefit (thus lowering the actual cost you pay for the death benefit over time).
Life insurance may provide just basic death benefit protection (i.e. term life insurance) or it may provide a death benefit with an equity value, called a
cash value, which is a
cash reserve that builds up
against the death benefit of the policy to cover the costs associated with paying out the future death benefit claim..
While banks are required to hold a certain amount of
cash against the commercial real estate assets on their books, investment firms make their own rules when it comes to setting aside
reserves for potential losses.
While maintaining a debt - to - income ratio under 36 % protects you from minor changes in your finances, a
cash reserve protects
against major ones.