Sentences with phrase «by a collateral account»

The Business Secured card works like any other business credit card, but the credit line is secured by a collateral account.

Not exact matches

If your business is in difficulty and is unable to make the loan payments, whatever personal assets you have posted as collateral (house, car, investment accounts, etc.) can be seized by the bank.
Under the TSLF, the Desk will lend up to $ 200 billion of Treasury securities held by the System Open Market Account to primary dealers secured for a term of 28 days by a pledge of other collateral.
If your business fails and is unable to make the loan payments, whatever personal assets posted by the owners as collateral can be seized by the bank, including houses, vehicles, investment accounts, etc..
Coinsetter, recently announced the release of what is, by far, the most highly requested feature in their history: margin trading and shorting of Bitcoin extended to all customers, with up to 5X leverage and interest - free margin and trading with margin by posting collateral of as low as 20 % of the margin balance added to an account.
The borrowing base is determined by our collateral agents based on several variables, including percentages of the book value of certain eligible accounts receivable and a percentage of certain eligible inventories.
The borrowing base is determined by the Company's collateral agents based on several variables, including percentages of the book value of certain eligible accounts receivable and a percentage of certain eligible inventories.
Futures and Options are currently and by default cleared in a Net Omnibus Indirect Account where clients» margin collateral and positions are held with margin and positions of other indirect clients.
The trading parties have deposited money into collateral accounts that are controlled by the clearinghouse, and the clearinghouse will move money from one account to another to reflect the daily price change of a futures contract.
After studying this chapter, you will be able to: Explain the basic nature of a joint stock company as a form of business organisation and the various kinds of companies based on liability of their members Describe the types of shares issued by a company Explain the accounting treatment of shares issued at par, at premium and at discount including oversubsription Outline the accounting for forfeiture of shares and reissue of forfeited shares under varying situations Workout the amounts to be transferred to capital reserve when forfeited shares are reissued; and prepare share forfeited account State the meaning of debenture and explain the difference between debentures and shares Describe various types of debentures; Record the journal entries for the issue of debentures at par, at a discount and at premium Explain the concept of debentures issued for consideration other than cash and the accounting thereof Explain the concept of issue of debentures as a collateral security and the accounting thereof Show the items relating to issue of debentures in company's balance sheet Describe the methods of writing - off discount / loss on issue of debentures Explain the methods of redemption of debentures and the accounting thereof Explain the concept of sinking fund, its use for redemption of debentures and the accounting thereof Topic List Features of a Company Kinds of Companies Share Capital of a Company Nature and Classes of Shares Issue of Shares Accounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking Faccounting treatment of shares issued at par, at premium and at discount including oversubsription Outline the accounting for forfeiture of shares and reissue of forfeited shares under varying situations Workout the amounts to be transferred to capital reserve when forfeited shares are reissued; and prepare share forfeited account State the meaning of debenture and explain the difference between debentures and shares Describe various types of debentures; Record the journal entries for the issue of debentures at par, at a discount and at premium Explain the concept of debentures issued for consideration other than cash and the accounting thereof Explain the concept of issue of debentures as a collateral security and the accounting thereof Show the items relating to issue of debentures in company's balance sheet Describe the methods of writing - off discount / loss on issue of debentures Explain the methods of redemption of debentures and the accounting thereof Explain the concept of sinking fund, its use for redemption of debentures and the accounting thereof Topic List Features of a Company Kinds of Companies Share Capital of a Company Nature and Classes of Shares Issue of Shares Accounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking Faccounting for forfeiture of shares and reissue of forfeited shares under varying situations Workout the amounts to be transferred to capital reserve when forfeited shares are reissued; and prepare share forfeited account State the meaning of debenture and explain the difference between debentures and shares Describe various types of debentures; Record the journal entries for the issue of debentures at par, at a discount and at premium Explain the concept of debentures issued for consideration other than cash and the accounting thereof Explain the concept of issue of debentures as a collateral security and the accounting thereof Show the items relating to issue of debentures in company's balance sheet Describe the methods of writing - off discount / loss on issue of debentures Explain the methods of redemption of debentures and the accounting thereof Explain the concept of sinking fund, its use for redemption of debentures and the accounting thereof Topic List Features of a Company Kinds of Companies Share Capital of a Company Nature and Classes of Shares Issue of Shares Accounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking Faccounting thereof Explain the concept of issue of debentures as a collateral security and the accounting thereof Show the items relating to issue of debentures in company's balance sheet Describe the methods of writing - off discount / loss on issue of debentures Explain the methods of redemption of debentures and the accounting thereof Explain the concept of sinking fund, its use for redemption of debentures and the accounting thereof Topic List Features of a Company Kinds of Companies Share Capital of a Company Nature and Classes of Shares Issue of Shares Accounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking Faccounting thereof Show the items relating to issue of debentures in company's balance sheet Describe the methods of writing - off discount / loss on issue of debentures Explain the methods of redemption of debentures and the accounting thereof Explain the concept of sinking fund, its use for redemption of debentures and the accounting thereof Topic List Features of a Company Kinds of Companies Share Capital of a Company Nature and Classes of Shares Issue of Shares Accounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking Faccounting thereof Explain the concept of sinking fund, its use for redemption of debentures and the accounting thereof Topic List Features of a Company Kinds of Companies Share Capital of a Company Nature and Classes of Shares Issue of Shares Accounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking Faccounting thereof Topic List Features of a Company Kinds of Companies Share Capital of a Company Nature and Classes of Shares Issue of Shares Accounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking FAccounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking Fund Method
If your business is in difficulty and is unable to make the loan payments, whatever personal assets you have posted as collateral (house, car, investment accounts, etc.) can be seized by the bank.
Share Secured loans allow you to borrow funds that are secured by your RBFCU savings account as collateral, up to the available account balance.
Assets in the account may not be used by the bank as collateral and the bank may not attach any claim to the account.
Hypothecation agreement: Agreement signed by a margin customer which pledges the securities in the account as collateral for the loan and allows the broker / dealer to use the securities as collateral with the bank supplying the loan money.
Reduce the cost of borrowing by continuing to earn dividends while your savings account serves as collateral for your loan.
Of the nation's five largest banks by deposits, only Wells Fargo allows those with savings accounts or CDs to use them as collateral to qualify for a loan or get a lower interest rate.
Just fill out our free online application, it takes less than ten minutes, and you can have up to $ 500 in your bank account by the next business day; no credit checks, background checks, or collateral is necessary.
A secured card is a credit card that requires a refundable security deposit, made by you, which is held as collateral by the credit card issuer in an account.
A Chapter 13 bankruptcy is a government - sponsored debt consolidation plan: this means that all of your unsecured debts (credit cards, medical bills, retail accounts, and other debts that are not secured by collateral) are combined into one debt amount.
With the safe bucket covered and generating passive, tax advantaged income, they then have the freedom to entertain opportunities such as real estate, business start ups, private lending and other lucrative opportunities by borrowing money at favorable rates, often from the mutual insurance companies general account using their policy cash value as collateral, or shopping the rate to other financial institutions to see who is most competitive.
You agree to deliver the collateral or make the payments in the amount and form and to the account or recipient specified by us upon demand.
This Collateral Account serves as the collateral for the credit card account (s) issued to you byCollateral Account serves as the collateral for the credit card account (s) issued to you by thAccount serves as the collateral for the credit card account (s) issued to you bycollateral for the credit card account (s) issued to you by thaccount (s) issued to you by the Bank.
Unless the law requires notice by another means, notice of a change in this Collateral Account Agreement may be provided by posting in the Bank's lobby.
If there are still funds remaining in the Collateral Account after doing so, these funds may remain on deposit for up to 60 days before being remitted to you by electronic transfer to the Wells Fargo checking or savings account that was used to fund the original dAccount after doing so, these funds may remain on deposit for up to 60 days before being remitted to you by electronic transfer to the Wells Fargo checking or savings account that was used to fund the original daccount that was used to fund the original deposit.
If in connection with a direct deposit plan funds are deposited to your Collateral Account and later returned to the originator, the Bank may deduct the amount from that or any other account you have, without prior notice and at any time, except as prohibited Account and later returned to the originator, the Bank may deduct the amount from that or any other account you have, without prior notice and at any time, except as prohibited account you have, without prior notice and at any time, except as prohibited by law.
You understand and agree that (i) this Collateral Account Agreement is subject to applicable federal laws and, to the extent not preempted by federal law, the laws of the State of Utah, and (ii) your Collateral Account was opened or will be continued after approval by us in the State of Utah.
Unless otherwise required by applicable law, we are not responsible and will not incur liability to you for any failure, error, malfunction or any delay in carrying out obligations under this Collateral Account Agreement if such failure, error or delay results from causes that are beyond our reasonable control (including, but not limited to inclement weather, fire, flood, acts of war or terrorism, and earthquakes).
By opening the Collateral Account, you agree that this Collateral Account Agreement, including the security interest provisions, forms a binding contract and makes up the entire agreement between you and the Bank regarding the handling of your Collateral Account.
You agree that if the credit card account issued to you by the Bank is closed for any reason, the Bank may apply the funds in this Collateral Account to pay off any balance on the credit card aaccount issued to you by the Bank is closed for any reason, the Bank may apply the funds in this Collateral Account to pay off any balance on the credit card aAccount to pay off any balance on the credit card accountaccount.
The Bank will not be liable for the intentional wrongdoing or the lack of ordinary care by any financial institution to which the Bank has forwarded a check, draft, or other order or instruction for the payment, transfer or withdrawal of funds (an «Item») for deposit to your Collateral Account.
A secured card is different then a prepaid card because a secured card is a credit card, a line of credit will be extended to you generally based on the amount of your deposit into an account which is held by the card issuer, the deposit is used for collateral and you must pay the credit card balance due each month.
This Collateral Account Agreement applies to each deposit account at the Bank, as well as all substitutions and replacements thereof, that has been assigned or pledged by you as collateral for the credit card account (s) issued to you byCollateral Account Agreement applies to each deposit account at the Bank, as well as all substitutions and replacements thereof, that has been assigned or pledged by you as collateral for the credit card account (s) issued to you by thAccount Agreement applies to each deposit account at the Bank, as well as all substitutions and replacements thereof, that has been assigned or pledged by you as collateral for the credit card account (s) issued to you by thaccount at the Bank, as well as all substitutions and replacements thereof, that has been assigned or pledged by you as collateral for the credit card account (s) issued to you bycollateral for the credit card account (s) issued to you by thaccount (s) issued to you by the Bank.
We will not be liable for the intentional wrongdoing or the lack of ordinary care by any financial institution to which we have forwarded a check, draft, or other order or instruction for the payment, transfer or withdrawal of funds (an «Item») for deposit to your Collateral Account.
This arbitration provision also does not limit or constrain the Bank's right to interplead funds in the event of claims to Collateral Account funds by several parties.
This Collateral Account serves as the collateral for the Credit Account issued to you byCollateral Account serves as the collateral for the Credit Account issued to you bycollateral for the Credit Account issued to you by the Bank.
This fee will be charged by a Participating Retailer if you use cash at the Participating Retailer to fund your Collateral Account or to make a payment on your Credit Account.
The Bank may convert your Collateral Account to another product offered by the Bank at any time by giving you prior notice.
If you or we close your Collateral Account, we may return the funds in your Collateral Account to you by any of the following means: (i) by a transfer of the funds to a bank account you designate, and with your authorization; (ii) by sending a check to you at the address we have in our records; or (iii) some other method deemed sufficientAccount, we may return the funds in your Collateral Account to you by any of the following means: (i) by a transfer of the funds to a bank account you designate, and with your authorization; (ii) by sending a check to you at the address we have in our records; or (iii) some other method deemed sufficientAccount to you by any of the following means: (i) by a transfer of the funds to a bank account you designate, and with your authorization; (ii) by sending a check to you at the address we have in our records; or (iii) some other method deemed sufficientaccount you designate, and with your authorization; (ii) by sending a check to you at the address we have in our records; or (iii) some other method deemed sufficient by us.
We will provide periodic statements for your Collateral Account (as part of your billing statement for your Credit Account) electronically by notifying you by email that your statement is available.
This means that the Bank is released from all liability for the Items charged to your Collateral Account, and for all other transactions or matters covered by the statement.
We may reverse any credit it has erroneously made to your Collateral Account, or for which funds were not finally collected by us, at any time without prior notice.
Before closing your Collateral Account, it will give you any notice required by law.
These loans are «secured» by the borrower with collateral such as a house, car, or savings account.
The security interest, pledge and assignment in your Collateral Account given to us by you includes and gives the Bank the right to make settlements or compromises on the Collateral Account; transfer the Collateral Account to the Bank's own name; or exercise ownership rights on the Collateral Account.
This Collateral Account Agreement may be changed by the Bank from time to time.
The Bank may, without prior notice, and from time to time: (1) renew, compromise, extend, accelerate or otherwise change the terms relating to the Debt; (2) take and hold security (other than the Collateral Account) for payment of the Debt and enforce, exchange and release the security in any manner that the Bank determines is proper; (3) release or substitute you, any guarantor, or any endorser of the Debt; and (4) increase or lower the Credit Limit on your Credit Account, and no such action shall change the fact that the Collateral Account at all times will be held by the Bank as security for the Debt.
You may make deposits to your Collateral Account either by (i) mailing us a check or money order at the address disclosed on our website, at www.greendot.com/platinum/deposit, or that we provide to you when we send you your credit card, or (ii) providing cash to fund your Collateral Account at any participating retailer.
This Collateral Account Agreement applies to each deposit account at the Bank, as well as all substitutions and replacements thereof, that has been assigned or pledged by you as collateral for the Credit Account that will be issued to you byCollateral Account Agreement applies to each deposit account at the Bank, as well as all substitutions and replacements thereof, that has been assigned or pledged by you as collateral for the Credit Account that will be issued to you by thAccount Agreement applies to each deposit account at the Bank, as well as all substitutions and replacements thereof, that has been assigned or pledged by you as collateral for the Credit Account that will be issued to you by thaccount at the Bank, as well as all substitutions and replacements thereof, that has been assigned or pledged by you as collateral for the Credit Account that will be issued to you bycollateral for the Credit Account that will be issued to you by thAccount that will be issued to you by the Bank.
Secured cards work like any other credit card, but the credit line is determined by how much money you place into a security deposit account as collateral.
A secured card is special in that your credit limit is often determined by your security deposit (cash that is put in a deposit account as collateral).
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