An institution / government
collects money from individuals, and then spends it as it sees fit — regardless of whether the individual person benefits from that expenditure.
If you are in an accident with an uninsured driver, you'll find it takes a lot longer to
collect money from individuals without an insurance company.
However, it can be very difficult to
collect money from individuals without insurance.
Not exact matches
Tilt doesn't charge
individuals who send or
collect money for events on its platform; the company says that it gets most of its revenue
from businesses paying for its enterprise service.
A mutual fund is an investment vehicle consisting of a pool of funds
collected from individual investors for the purpose of investing in various securities such as stocks, bonds,
money markets and other similar assets.
If governments fail to provide adequate funding, he said, researchers may have to resort to using crowdsourcing —
collecting money through an online fundraiser, with donations
from individuals who support the research.
Every year, lawmakers and officials allocate $ 4.2 trillion in spending
money, much of which comes
from the taxes
collected from individuals and businesses.
A drover was described as a licensed
individual of outstanding character, responsible for taking vast herds of animals numbering
from in the hundreds to the thousands — cattle, sheep, pigs, turkeys and geese — to market, and
collecting money for the owners of the animals.
The Court noted that the object and spirt of section 160 is to prevent a taxpayer
from transferring property to a non-arm's length
individual in order to thwart the Minister's efforts to
collect money which is owed to him.
It's not always easy to
collect moneys owing
from individuals.
Insurance companies make a tremendous amount of
money from lapsed policies, after
individuals pay premiums for years and then never
collect a death benefit.
The
money collected from premiums by an insurance company allow the insurance company to build assets
from all premiums
collected so that when a policy holder or
individuals has a loss, there is enough
money to cover the claim.
Let's say you owe US$ 200,000 to some
individual or regime that wishes to
collect if
from you - they don't care how, they just want their
money.
Some Investment Managers oversee large sums of
money from several clients that are then allocated into different investments, while others will advise
individuals on how to invest their
money but do not actually
collect and invest the
money themselves.
TenantPay is a payment portal that
collects your
money from various sources, aggregates it (saving
individual deposit fees) and delivers it to your bank account within 30 hours.
An
individual who is employed as a caretaker or manager by the strata corporation, or by a brokerage that provides strata management services is exempt
from the requirements to be licensed in respect of
collecting strata fees, special levies or other amounts levied by the strata corporation, as long as the exempt caretaker or manager promptly delivers the
money to the strata corporation or brokerage.