Sentences with phrase «depreciating assets such»

Of course nobody likes paying interest on a depreciating asset such as a car or truck, but I'd rather check my credit score and make sure it hasn't dropped below 720, and pay 3.9 % on that loan... instead of going to the dealer and finding out that your score isn't quite as high as you thought, and end up leaving with the same loan, but with 6.9 % interest!

Purchasing a depreciating asset such as a car, RV, or vacation with a home equity loan will negatively impact your net worth.

Not exact matches

If you really want to wipe out your assets, there's no better way to do it than to ring up the balances on those plastic cards, especially with items that quickly depreciate such as cheap furniture and electronics.

They consider the use of the balance sheet by stakeholders; the key component elements of the account and how it is calculated; the importance of working capital and liquidity; how and why financial accounts are window dressed; how and why non-current assets are depreciated using the straight line method and finally it evaluates non-financial measures of business success such as the triple bottom line by Elkington and the growing importance of social accounting.

Credit card debt is particularly expensive — and what makes it even worse is that it's typically used to buy depreciating assets, such as clothes or restaurant meals.

Amounts paid to acquire capital and intangible assets, such as equipment or franchise fees that a business would have to depreciate over a period of years, do not qualify for this deduction.

Borrowed money spent toward depreciating assets and things that do not provide income or an increase in value, such as cars, clothes and living expenses, is considered «bad debt.»

KODDs, on the other hand, have a trigger feature such that depreciation of the underlying asset beyond the barrier level removes the possibility of positive returns on the note if the asset has depreciated in value as of the final observation date.3 Within our sample, no KODDs offer buffered exposure to negative returns of the underlying asset.

The biggest problem (besides feeding an already unfettered since of entitlement among most people) with all of this is that all of this debt is backed by depreciating assets (cars, furniture, electronics, etc) or things that no longer have any value (such as meals, old clothing, vacations, and a worthless degree in a subject you'll never use)!

a lump sum (s) to cover capital expenditure for the children for depreciating assets, such as cars or computers (or to reimburse expenses already incurred).

Trapped - in gains — Some businesses own assets that have grown in value since they were acquired (such as real estate or investments), or have been depreciated yet have substantial value if liquidated (such as durable equipment).

On the off chance I borrow against a depreciating or non-income producing asset (such as a car or personal residence), I only borrow a fraction of the conservative market value of the asset (i.e., < 50 %).

Debt that is not productive or is for depreciating assets, such as for old credit card debt or automobiles, is the type of debt to avoid.

The rental deduction may exceed the depreciation in three cases: if the property consists primarily of a nondepreciable asset, such as land (although land is not depreciable, rental payments for the lease of land may be deducted); if the property has appreciated in value (while depreciation deductions are limited by the cost of the property, rental deductions may equal the fair market value of the property); or if the property has been fully depreciated.