Sentences with phrase «defined as the liability»

Insurance coverage can be defined as the liability or risk which is covered for an entity or an individual by way of insurance services.
Unclaimed property is generally defined as a liability that a company («holder») owes to an individual or entity («owner») when a debt or obligation remains outstanding after a specified period of time.

Not exact matches

Working capital is defined as current assets less current liabilities.
Cash Flow Return on Invested Capital (CFROIC) is defined as consolidated cash flow from operating activities minus capital expenditures, the difference of which is divided by the difference between total assets and non-interest bearing current liabilities.
The Congressional Budget Act of 1974 defines tax expenditures as «revenue losses attributable to provisions of the Federal tax laws which allow a special exclusion, exemption, or deduction from gross income or which provide a special credit, a preferential rate of tax, or a deferral of tax liability
(a) Schedule 2.7 (a) of the Disclosure Schedule contains a list setting forth each employee benefit plan, program, policy or arrangement (including any «employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligation.
«Total CEO realized compensation» for a given year is defined as (i) Mr. Musk's salary, cash bonuses, non-equity incentive plan compensation and all other compensation as reported in «Executive Compensation — Summary Compensation Table» below, plus (ii) with respect to any stock option exercised by Mr. Musk in such year in connection with which shares of stock were also sold other than to satisfy the resulting tax liability, if any, the difference between the market price of Tesla common stock at the time of exercise on the exercise date and the exercise price of the option, plus (iii) with respect to any restricted stock unit vested by Mr. Musk in such year in connection with which shares of stock were also sold other than automatic sales to satisfy the Company's withholding obligations related to the vesting of such restricted stock unit, if any, the market price of Tesla common stock at the time of vesting, plus (iv) any cash actually received by Mr. Musk in respect of any shares sold to cover tax liabilities as described in (ii) and (iii) above, following the payment of such amounts.
It is defined as the difference between a company's current assets and current liabilities.
Your liabilities are defined as your current Accounts Payable and any long - term payables (think small business loans, lines of credit, etc.) your business may have.
Solely for the purposes of the product governance requirements contained within: (a) EU Directive 2014 / 65 / EU on markets in financial instruments, as amended, or MiFID II; (b) Articles 9 and 10 of Commission Delegated Directive (EU) 2017/593 supplementing MiFID II; and (c) local implementing measures, together, the MiFID II Product Governance Requirements, and disclaiming all and any liability, whether arising in tort, contract or otherwise, which any «manufacturer» (for the purposes of the MiFID II Product Governance Requirements) may otherwise have with respect thereto, the ADSs and ordinary shares have been subject to a product approval process, which has determined that such securities are: (i) compatible with an end target market of retail investors and investors who meet the criteria of professional clients and eligible counterparties, each as defined in MiFID II; and (ii) eligible for distribution through all distribution channels as are permitted by MiFID II, or the Target Market Assessment.
«Britain's generous defined benefit pensions have plumbed further depths during August, reaching another record - breaking deficit of # 459.4 bn as the scramble for bond assets and the interest rate cut sent their liabilities soaring -LSB-...]
Nothing in these terms and conditions shall exclude or limit our liability for (i) death or personal injury caused by negligence (as such term is defined by the Unfair Contract Terms Act 1977); (ii) fraud; (iii) misrepresentation as to a fundamental matter; or (iv) any liability which can not be excluded or limited under applicable law.
Excess General Liability: Covers NAYS Officials, but only while acting in their capacity as officials during youth sport activities, which are defined as non-scholastic sports involving participants 19 years of age and younger.
This sequence liability may be defined as a critical quality attribute and represents a risk to the development of novel biologics and biosimilars alike.
Please note that while HBO seeks to preserve any and all exemptions from liability that may be available under the copyright law, this is not a stipulation that HBO is a service provider as defined in 17 USC section 512c or elsewhere in the law.
These gaps are likely to continue to widen as states and school districts attempt to pay down large unfunded liabilities in educators» defined benefit (DB) pension plans.
It is defined as the difference between a company's current assets and current liabilities.
Only 40 % complete in the US, but FASB may fix that within a year, which would intensify demand for long bonds as defined benefit plans attempt to match liability cash flows.
A tax base is defined as the measurement or assessment of a tax liability or the total assessed value of assets, properties or income in a certain area or jurisdiction.
An assumption is generally defined as a purchase transaction where the purchaser takes over the liability of an existing mortgage from the seller.
Working capital is defined as current assets minus current liabilities.
This number is defined as the difference between the book value of assets and the book value of liabilities.
Tax liability on an OID bond purchased on the primary market, retained until maturity, and then cashed in is fairly simple to calculate, with the profit counting as either interest or capital gains depending on the exact amount as defined by the IRS tax code.
Dimensional's Products, as defined by Dimensional from time to time, are not sponsored, endorsed, sold, or promoted by SPDJI, S&P, Dow Jones, or their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such products nor do they have any liability for any errors, omissions, or interruptions of the S&P STRIDE Index.
They define net - nets as a common stock available at a price that represents a discount from a company's current assets after deducting all book liabilities, both short - term and long - term.
A tort is defined by the Cornell University Law School as «an act or omission that gives rise to injury or harm to another and amounts to a civil wrong for which courts impose liability
It's been overdone, but Rich Dad / Poor Dad by Robert Kiyosaki is a great read / re-read just for the part about defining assets as money making and liabilities and money taking.
For simplicity, let's say a company's value is defined as it's assets minus liabilities.
Insurance for condominiums and co-op - apartments generally covers your belongings, liability and certain parts of the interior structure as defined in the by - laws or proprietary lease.
We defined ROIC as the past 12 - months operating income divided by the sum of net working capital (current assets minus excess cash minus current liabilities) and net fixed assets (total assets minus current assets minus intangible assets).
ASC 820 «Fair Value Measurements and Disclosures» defines fair value as the price that would be received upon the sale of an asset or paid upon the transfer of a liability (i.e., the «exit price») in an orderly transaction between market participants at the measurement date and establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available.»
I define young as someone who is less than 35 years old, and has over a million dollars net worth — assets minus liabilities.
charge - off or write - off [top] The balance on a debt obligation that a lender defines as 180 days (or more) past due and is no longer an asset, but is a liability to that lender.
It is calculated as the net asset value of a company, defined as the total tangible asset base (i.e., total assets minus intangible assets) minus total liabilities.
Net - net is defined as net working capital (current assets minus current liabilities) minus the long - term portion of debt — i.e., debt with maturity of greater than one year in the future (debt coming due within one year is part of current liabilities).
Dimensional's products, as defined by Dimensional from time to time, are not sponsored, endorsed, sold, or promoted by SPDJI, S&P, Dow Jones, or their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such products nor do they have any liability for any errors, omissions, or interruptions of the S&P STRIDE Index.
The US has an ill - disclosed balance sheet, with many of its liabilities omitted, or merely disclosed as footnotes... Medicare, Social Security, the old Federal Employee defined benefit plan, etc., are all off the balance sheet.
Kiyosaki simplistically (yet brilliantly) defines assets as anything that puts money into your pocket and liabilities as anything that takes money out of your pocket.
Under the terms of the Advisory Agreement, each Fund is responsible for the payment of the following expenses among others: (a) the fees payable to the Adviser, (b) the fees and expenses of Trustees who are not affiliated persons of the Adviser or Distributor (as defined under the section entitled («The Distributor»)(c) the fees and certain expenses of the Custodian (as defined under the section entitled «Custodian») and Transfer and Dividend Disbursing Agent (as defined under the section entitled «Transfer Agent»), including the cost of maintaining certain required records of the Fund and of pricing the Fund's shares, (d) the charges and expenses of legal counsel and independent accountants for the Fund, (e) brokerage commissions and any issue or transfer taxes chargeable to the Fund in connection with its securities transactions, (f) all taxes and corporate fees payable by the Fund to governmental agencies, (g) the fees of any trade association of which the Fund may be a member, (h) the cost of fidelity and liability insurance, (i) the fees and expenses involved in registering and maintaining registration of the Fund and of shares with the SEC, qualifying its shares under state securities laws, including the preparation and printing of the Fund's registration statements and prospectuses for such purposes, (j) all expenses of shareholders and Trustees» meetings (including travel expenses of trustees and officers of the Trust who are not directors,
Bill Language: «A Minnesota licensed veterinarian acting in good faith is immune from civil liability for reporting to peace officers, humane agents, or animal control officers known or suspected inhumane treatment of animals, including but not limited to neglect, cruelty, or abuse as defined in secion 343.20 or 346.46.»
You agree to reimburse each Square Enix Party (as defined in section 3.2 above) in full for the amount of any and all claims, proceedings, actions, demands, damages, losses, liabilities, costs and expenses suffered or incurred by such Square Enix Party, in each case as a result of or in connection with: (a) any breach of any of your obligations, warranties, representations or undertakings under the Site Terms; and / or (b) any illegal use of your Membership or Account by any person (s).
If damages are well defined, such as you might have with property in a car accident, there are really strict limits on the liability and payments.
«For purposes of FATA, a «person» is defined as «any natural person, corporation, firm, association, organization, partnership, limited liability company, business or trust.»»
The right to compensation is restricted to a «relevant liability» which the interpretive clauses define as «a liability in respect of which a contract of insurance must be in force to comply with Pt VI of RTA 1988».
Nothing in these Terms shall exclude or limit liability for (i) death or personal injury caused by negligence (as defined by the Unfair Contract Terms Act 1977); (ii) fraud; (iii) misrepresentation as to a fundamental matter; or (iv) any liability which can not be excluded or limited under the law of the United Kingdom.
I think) act defines the crime and seems to do so as a strict liability offence...
The liability either did count as an expense, or it did not, and it all depended on whether it fell within one of the defined categories of expense: «the question of whether the... charge should count as an expense of the liquidation was not a matter for the judge's discretion.
A separation agreement can encompass as much or as little as the parties agree to, but the various possibilities include an agreement that the parties are separating by consent and a defining of each party's respective rights as to the division of their assets and liabilities, as well as in the event of a spouse's death.
Arizona law requires liability coverage for operating a motorcycle with minimum coverage defined in statute — $ 15,000 per person injured in an accident with $ 30,000 coverage per accident as well as $ 10,000 in property damage.
The Ontario Insurance Act defines «automobile» as either (a) a motor vehicle required under any Act to be insured under a motor vehicle liability policy, or (b) a vehicle prescribed by regulation to be an automobile.
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