Sentences with phrase «backed by an asset»

Those wild price swings are partly to do with the fact that cryptocurrencies aren't backed by an asset.

The SEC and the CFTC has repeatedly warned about leveraged and inverse products, many of which are Exchange Traded Notes, which are not backed by any product but instead are backed by the assets of the company issuing the note (in the case of XIV it is Credit Suisse).

These are much easier to obtain when backed by assets (home equity or an IRA) or third - party guarantors (e.g., government - sponsored SBA loans or a cosigner).

It is not contractually backed by assets or legal currency laws, it is not controlled by a central authority and it is not a tangible good.

In the United States, the net corporate debt securities holdings of securities dealers, including securitisations backed by assets such as credit card debt, have fallen sharply since 2008.

If you take a closer look at the below sample U.S. banknote, the «B2» on the left indicates that it is issued by the New York Fed (FED 2nd district) and backed by its assets.

In China, wealth management products are short - term investments, typically distributed through banks, backed by assets ranging from cash and government bonds to corporate debt and derivatives.

Finova's token will carry the unique attribute of being linked to a share of equity in Finova and will provide for an ERC - 20 Ethereum token standard that can not only be traded in cryptocurrency but is also backed by assets in a U.S. corporation.

Secured credit is a loan backed by an asset or collateral, such as a property, home, automobile or boat.

A secured loan is a loan that is backed by an asset as collateral (home or car).

Because of their unsecured nature, personal loans differ from auto loans, which come with a lien against the vehicle, and mortgages, which are backed by the asset of the home, says Todd Nelson, business development officer with Lightstream, the San Diego - based online consumer lending division of SunTrust Bank.

Fed officials affirmed Friday that the central bank will now accept asset - backed commercial paper, ultra-short term corporate IOUs backed by assets ranging from credit card receivables to mortgages.

The advantage of a HELOC over a standard loan is that it's backed by an asset.

An equipment trust certificate is backed by an asset that is easily transported or sold.

A loan that is backed by an asset is called a secured loan.

Also, this strategy is favorable to a traditional bank loan, both on your business balance sheet, because it is backed by an asset (your insurance policy), and because your interest rates are likely more favorable.

Let's add some details: if the loan is not backed by any assets and the borrower fails to pay it back, the lender just loses the money and gets nothing in return.

Money - market funds, which are big buyers of commercial paper, are spooked by possible contagion from subprime mortgages, or risky home loans granted to low - credit home buyers, and are shunning commercial paper backed by assets.

There is the option of getting a secured loan or sometimes called a title or collateral loan, which is a personal loan that can be backed by assets such as a motorcycle, car, truck, home, boat, etc..

Secured loans, backed by an asset such as a house or piece of property, give the lender the ability to repossess collateral should the borrower default on their loan.

Turning an unsecured debt into a secured debt backed by an asset means you put that asset at risk.

Carbon credits, including regulated carbon credits, are not backed by any assets and don't pay any dividends or interest.

Secured debt is a formal contract backed by assets that can be sold as collateral if the firm defaults on the loan.

Are bundled pools of assets that are sold as units and these units are a security that is backed by an asset.

A secured loan is backed by an asset that you own outright, like a paid - off vehicle or the equity in your home.

A loan that is backed by an asset.

The word «secured» means that the loan is backed by an asset put up as collateral.

No doubt, a higher solvency ratio is definitely good for the policyholder as this gives him a sense of comfort that the liabilities are backed by assets more than the mandatory limit set by the IRDA.

Based on the amount needed, Finterra will issue out the needed tokens backed by the asset.

The token cryptocurrency, labelled USDT, is pegged to the U.S. dollar and fully backed by assets in its reserve account.

The company has assured users that all Tether tokens «remain fully backed by assets in the Tether reserve.»

They are not issued by any government and are not backed by any asset or issuer.

Monetary Authority of Singapore again stresses that cryptocurrencies are not legal tender and not backed by any asset or issuer, and advises caution when investing in them.

Finally, the company reassured customers that the hack would have no impact on Tether validity and that the reserved remained «fully backed by assets in the Tether reserve.»

India's Ministry of Finance issued a statement today cautioning people «against risks investing in virtual currencies including Bitcoin», claiming they lack intrinsic value and aren't backed by any assets.

In the abstract, there's a big difference between debt that's used to increase your net income (and is backed by an asset)... seems like simple DTI maximums would ignore that.

Not exact matches

They are issuing compliant tokens, backed by the valuation of real world assets, to further collateralize their digital coins.

Even though the Massachusetts filers owed substantially more in unsecured debt (that is, debt not backed by a home, a car, or another asset) than their counterparts in other states, they reported less than half as much medical debt, which is also unsecured.

«Funded in large part by the asset - backed securities market, many lenders made money by originating and then selling private student loans with less regard for borrowers» creditworthiness.

The assets being offered in an ICO aren't backed by an existing stream of revenues.

He added that ICOs backed by real assets would allow companies to circumvent much of the Wall Street middleman apparatuses, such as the army of investment bankers and venture capitalists, and sell directly to would - be stakeholders.

«ETNs are unsecured instruments backed by the credit of the issuer, and it tracks the performance of the underlying asset.

LONDON, March 27 - Global oil traders Vitol and Glencore are in talks to financially back Nigerian firms racing to buy assets owned by Brazil's Petrobras valued at up to $ 2 billion, several sources familiar with the matter said.

The committee was set up by the major institutional investors to salvage about $ 32 billion invested in a type of short - term note, commonly called asset - backed commercial paper, that couldn't be redeemed.

• Anju Software, a life sciences software platform backed by Providence Equity Partners, acquired the assets of OpenQ, a provider of technology services to the healthcare and financial industries.

That approach saw CWB turn down the opportunity to invest in asset - backed commercial paper offered by the likes of Lehman Bros. and Merrill Lynch, thus sparing it from the 2007 meltdown that caused huge writedowns at its larger peers.

I think by then we will have an established readership, who will continue coming back for our analysis and diverse coverage of assets that you would be hard - pressed to find anywhere else.

Any asset you contribute to the partnership is jointly owned by you and your partners, and there's no assurance you will get it back when the partnership is dissolved.

February 10: The U.S. Fed expands the Term Asset - Backed Securities Loan Facility (TALF), which lends money to investors to buy securities backed by loans, thereby allowing banks to provide more Backed Securities Loan Facility (TALF), which lends money to investors to buy securities backed by loans, thereby allowing banks to provide more backed by loans, thereby allowing banks to provide more loans.

The second problem with bitcoin may be summarized as follows: this money may be more volatile and prone to devaluation because it is not backed by secure assets.