While Seculars constitute a partial replacement for the departed Evangelicals in the Democratic coalition, their impact has been
lessened by their low rates of turnout.
Not exact matches
In the wake of a financial crisis associated with over-leverage, monetary policy can,
by lowering interest
rates,
lessen the burden on the indebted sectors
by shifting the burden in part to the net holders of interest - earning assets.
Interest coverage of 1.7 times cash flow is very
low, and akin to what one gets on CCC -
rated debt, except that the loans are typically secured
by the assets of the company, which
lessens the severity level of defaults.
A zero - cost collar can also be established to
lower the cost of hedging, but this
lessens the potential profit that would be enjoyed
by an interest
rate movement in your favor, as you have placed a ceiling on your potential profit.