Sentences with phrase «major financial hit»

This arrangement allowed Todd's family to be fairly compensated for his half of the business, while also allowing the business to survive without taking the major financial hit of paying off Todd's family.

It probably shouldn't be this way, but the loss of a child often results in a major financial hit to bereaved parents.

Not exact matches

Axelrod insists the financial system will eventually face another major crisis, and that none of the changes he has seen will prevent another major bank from failing if a big one hits.

Bank of America executives later disclosed that Merrill Lynch was on its way to a $ 27.6 - billion loss that year — a major hit for the bank, which was undergoing its own financial woes.

And despite America's spending habits, the greenback is still seen as a safe haven whenever financial crises — including ones caused by Americans — hit because most major countries want to maintain the value of their national reserves, which include dollar - denominated assets.

They also provided the backdrop if not the catalyst to the crisis that hit the major financial centers in 1998.

Major crop losses have caused huge financial hits to farmers and left some 3.5 million people facing food shortages, the agency reported.

Most people seek advice from a financial planner when they hit major life milestones.

In a time of extreme financial constraint, a major price increase effectively curtails access for many libraries, and especially our communities that are hardest hit economically.»

Bad credit, on the other hand, means that you have an established history of credit usage, but through a series of financial mistakes, such as errant or delinquent repayment activity, defaulted loans or other factors, your credit score's taken a major hit.

No monthly car payments equals less stress, and when you hit a really big financial goal — and are able to afford any major repairs — you can buy that dream car you've been eyeing.

Advising the US Department of Treasury in establishing and implementing several major programs during the financial crisis for the purpose of recapitalizing financial institutions and transferring troubled financial assets (e.g., TARP, HAMP, Hardest Hit Fund).

It protects your home investment and provides the financial resources you need to make repairs if a major storm hits in your neighborhood.

With the right policy in place, you won't be hit with a major financial loss if you get into an accident.

Or if you have some financial problems and your credit scores take a major hit, you could see your premiums increase.

-- Saks and Lord & Taylor hit with major hack: «A well - known ring of cybercriminals has obtained more than five million credit and debit card numbers from customers of Saks Fifth Avenue and Lord & Taylor, according to a cybersecurity research firm that specializes in tracking stolen financial data,» The New York Times reports.

As the cryptocurrency market capitalization hits the $ 300 bln mark, Keiser suggested that major financial institutions will step away from conventional markets which could lead to an economic crash.

2 - barring a major and unexpected global financial crisis (hint: Brexit is not it), any downturn that hits us in the next 1 - 3 years will be primarily tech driven.