Sentences with phrase «in a reserve account»

It will include any outstanding bills that can not be covered by funds in your reserve account.

He has installed an annual bonus system that has quarterly payouts, but each quarter the company holds back 50 % of the bonus amount in a reserve account.

They already use money in an electronic form in the reserve accounts at the central bank that can be held only by banks and other designated financial institutions.

Customer cash is maintained on a net basis in the reserve accounts, which reflects the long balances of some customers and loans to others.

The condo association also must meet certain standards, including holding at least 10 percent of revenues in a reserve account and having adequate insurance on the commonly shared property.

A better financial solution would be to save few hundred bucks in a reserve account so you won't need a payday loan.

Money remaining in the reserve account after the Final Release Notice must be applied to the mortgage principal.

Mr. DiNapoli's spokesman, Dennis Tompkins, said the comptroller's proposal was different from the one agreed upon by state leaders because it would also force state and local governments to set aside funds during prosperous times in reserve accounts that could be tapped during bear markets.

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

The Tether Platform currencies are fully hedged in the reserve account by the actual Fiat currency assets.

= 1 USD) and are covered in the reserve account with 100 % concrete assets.

Beasley recommends keeping 1 percent of the property value in a reserve account and adding to that account periodically.

To keep monthly assessments low, some HOA boards will not accumulate sufficient funds in a reserve account to offset ongoing deterioration of common elements in the property, such as roofs, paint, and paving.