Sentences with phrase «market of last resort»

The not - for - profit, tax - exempt entity was created by Florida Legislature as a market of last resort.

VAIP functions as a «market of last resort,» to assist the remaining high - risk drivers in finding insurers.

Each state has created and regulates a market of last resort (high risk auto insurance pool) for those who can not otherwise obtain coverage.

Each state has created and regulates a market of last resort for those who can not otherwise obtain coverage.

Most states have a market of last resort, often called the FAIR Plan, that allows you to get coverage when it's not available on the voluntary market.

For those who can't gain homeowners insurance through the voluntary market, the Massachusetts Property Insurance Underwriting Association (MPIUA) is the market of last resort.

Not exact matches

Long used to the inevitability of capital gains, investors and markets have not been tested during a stretch of time when prices go down and policymakers» hands are tied to perform their historical function of buyer of last resort.

When the financial system comes under stress, a central bank may need to calm financial markets through open market operations or act as the lender of last resort to financial institutions to forestall bank runs.

Tucker, P (2009): «The repertoire of official sector interventions in the financial system: last resort lending, market - making, and capital», speech at the 2009 Bank of Japan International Conference, Tokyo, May.

These measures, which would be considered only once other measures have been exhausted, are sometimes referred to as «market - making of last resort».

This stops bank failures disrupting money and payments and hence helps achieve monetary outcomes desired by the Austrian school of economics: reducing excessive state interference in the market for credit (through bank regulation, lender of last resort and bail - out) and discouraging unsustainable money and credit expansions (leading to financial crisis and depression).

I majored in marketing at the University of Georgia and, in an attempt to narrow my focus and get experience in the hospitality industry, I worked as a recreation intern at a beach resort my last summer in school.

In a depressed Northern town where loan sharks are the only viable source of funding for cash - strapped entrepreneurs, market stall holders Bex (Victoria Smurfit) and Dawn (Joanne Mitchell, Blunt's real - life wife and the film's producer) fall prey to the last resort to finance their achingly modest dream of a tea and cake shop.

Often the coverage from an insurer of last resort is somewhat limited compared to a standard policy, and it may or may not be significantly more expensive than coverage on the voluntary market would be.

When you get too big relative to the market, it had better be when you are the buyer or seller of last resort, and you are catching the turn.

The nature of a financing of last resort is that the financier hands over cash in exchange for cheap equity that can be recycled into the market.

The market maker of last resort function can be fulfilled in two ways.

In its discount window operations during crisis times, that is, when acting as lender of last resort to some institution or IPC, the central bank will also often have to act as market maker of last resort because it will have to value financial instruments for which no meaningful market price is available.

Central banks have not been doing the job of market maker of last resort effectively, indeed they have barely been doing it at all.

Warren grabbed the opportunity and cut some very favourable deals cementing his status as private lender of last resort in the financial markets.

Because market liquidity sometimes fails (i.e., bank runs), we still need a lender of last resort.

It's true that mortgage rates could increase as the Fed continues to reduce their purchases and there is no longer a buyer of the last resort in the market.

Many intangible factors should also be noted into the valuation in the case of Berkshire, such as its conservative accounting, its cash position / reputation / lender of last resort before Fed (therefore ability to make certain unique investments in preferred / debt, or easy financing for targeted companies such as Burlington), its portfolio of excellent businesses that each commands a huge premium if they were to be sold in the market, etc..

Owning one's own business is either seen as the ultimate coup in the world of work, as it enables individuals to set their own hours and pursue projects of self ‑ interest, or as a last resort, particularly in a slack labour market.

But few of them know that the complaint system exists, and only use it as a last resort, making the complaint numbers an iceberg - tip indicator of problems in the broader market.

Marketing Manager Larry France said that just last week Chabil Mar received a Fodor's Choice Award as one of the best resorts in Belize.

The Master, Judd Tully, tries to explain the updraft in the market for Richter abstract paintings even as Richter's dealer tries maintain the idea that Richter's market is somehow more of an «honest» market than others that are supported by buyers of last resort.

Last would be things like global carbon markets, capture and storage, and as a last resort — different types of geoengineering, which not only are extremely expensive and have no benefits if AGW is not both real and catastropLast would be things like global carbon markets, capture and storage, and as a last resort — different types of geoengineering, which not only are extremely expensive and have no benefits if AGW is not both real and catastroplast resort — different types of geoengineering, which not only are extremely expensive and have no benefits if AGW is not both real and catastrophic.

Secondly, even if enhanced cooperation was permissible, it argued that the authorizing decision violated the treaty requirements for its use viz: the authorization was not a «last resort» and was in an area of exclusive EU competence (Article 20 TEU); the authorization violated the principle of non-discrimination and undermined the single market by creating discrimination in trade and distortions to competition within the single market (Article 326 TFEU); and, did not respect the rights of the non-participating states (Article 327 TFEU).

Most states do offer homeowners coverage through the FAIR Plan (Fair Access to Insurance Requirements), a resource of last resort, or JUA (Joint Underwriting Association), if the private market won't cover you.

If you work with the right Texas renters insurance agency, you'll find that the good providers have access to markets that you didn't know existed, including the insurer of last resort.

If you are refused coverage in the voluntary market because you are considered a high risk driver, Iowa offers the Iowa Automobile Insurance Plan (IA AIP) as a plan of last resort.

Often the coverage from an insurer of last resort is somewhat limited compared to a standard policy, and it may or may not be significantly more expensive than coverage on the voluntary market would be.

With baby boomers deep into their peak earning years at the same time that their aging parents are turning over much of their assets to their children, the market for timeshares is huge, says Stroman, who chairs the National Association of REALTORS ® Resort Real Estate Forum, a panel launched last year to help REALTORS ® stay on top of resort trends.

Hard Money Loan — a mortgage of last resort for borrowers who can't obtain financing in the standard market due to poor credit.

This signals a novel approach in AAG's marketing efforts — focusing on reverse mortgage as a long - term retirement strategy to help seniors age in place, versus a loan of last resort.