Sentences with phrase «more financial liability»

For example, you'll incur the potential for more financial liability.
There is a reason why you rent and do not yet own a home: you are budget conscious, and you don't want to take on more financial liability than you can comfortably handle.
You might count yourself lucky if the insurance company has paid out on an accident where you were considered at fault, but if that's the case, there may be a lot more financial liability in your future.

Not exact matches

In addition, it spells out more details for how to properly calculate financial sector liabilities, among other things.
Following several high - profile excessive fee lawsuits, more 401 (k) plan sponsors than ever are hiring fiduciary - grade financial advisors to lower their liability.
A company with negative working capital (more liabilities than assets) is generally seen as being in financial risk for increased debt (which may lead to bankruptcy).
A company with positive working capital (more assets than liabilities) is seen as being in good short - term financial health.
In the event of an accident, Kinder Morgan has pledged to do no more than comply with federal laws, which stipulate that operators of a major oil pipeline in this country must have a minimum of $ 1 billion in financial resources available to cover liabilities related to a land spill.
The hearings will tell whether Bank of America can extinguish legal liability for more than a million Countrywide Financial loans by paying $ 8.5 billion in cash and agreeing to loan servicing improvements in a settlement struck with 22 investors in 2011.
There are other considerations, naturally; if the company is not on solid financial ground (i.e. it has far more liabilities than assets) the purchase may be a bad one even though they are producing revenue.
By signing this agreement, I agree to hold Baby Equipment Rentals Inc. entirely free from any liability, including financial responsibility for injuries incurred, regardless of whether injuries are caused by negligence when renting baby equipment such as but not limited to strollers, cribs, car seats, high chairs, pack and plays and more.
Cuomo's proposed $ 168 billion executive budget released Tuesday would impose significant liabilities on de Blasio and the city he governs by requiring it to assume more financial responsibility for the Metropolitan Transportation Authority, according to budget watchdogs.
Warren Buffett's company Berkshire Hathaway is in the process of buying PRI's biggest competitor, Latham - based Medical Liability Mutual Insurance Co., which will likely give that firm more financial strength.
Bodily Injury Liability coverage provides for proportionate responsibility and the insurance company without checking for insurance, you way more than you are married males, less arecan follow with just one other driver and have a low financial rating companies such as these may include speeding tickets, then you can simply log on the specific policy.
Estimates of the unfunded liabilities more than double if similar calculations are performed using standard methods in financial economics.
But that trillion - dollar number, as vast as it seems, understates the true liabilities, which more than double if calculated using standard methods in financial economics.
According to a report written by an independent financial review panel that was commissioned by LAUSD, the district owes more than $ 20,000 per student for unfunded liabilities (see page 44) although per pupil expenditure in California is less than $ 10,000 per student.
On a more financial note, the Sears Card has $ 0 liability on unauthorized purchases and offers account protection.
Though there are some ways that IFRS are better than GAAP, (more consistent in the way they treat financial assets and liabilities), I think that the change will make accounting slightly more opaque, and lower comparability, until all US firms are forced to use one standard or the other.
Other methods are more precise and take certain aspects of your financial situation into consideration, such as the capital you've already accumulated, the liabilities you've accrued, and the specific costs for which you'd like your family to be covered in the future.
Many people have improvements in their financial situation during the year, which might mean they need more liability coverage.
He has spent more than 20 years in the financial services industry and his background includes experience in investment management, portfolio analytics and asset / liability management at both BMO Financial Group and Strong Capital Mafinancial services industry and his background includes experience in investment management, portfolio analytics and asset / liability management at both BMO Financial Group and Strong Capital MaFinancial Group and Strong Capital Management.
Though it's preferable to have more assets than liabilities, you're in good shape to start improving your financial situation.
Whenever we talk about long - dated financial obligations, whether assets or liabilities, we need something simple to aid us in decision - making, because the more variables that we toss in, the harder it is for us to make reasonable comparisons.
Liabilities that are not related to financing activities of an organization (e.g. accrued liabilities, trade payables, tax liabilities, etc.) may be excluded from the calculation of debt because they usually do not affect the financial risk of an organization significantly and any liquidity risk that such liabilities may pose can more effectively be measured under liquidLiabilities that are not related to financing activities of an organization (e.g. accrued liabilities, trade payables, tax liabilities, etc.) may be excluded from the calculation of debt because they usually do not affect the financial risk of an organization significantly and any liquidity risk that such liabilities may pose can more effectively be measured under liquidliabilities, trade payables, tax liabilities, etc.) may be excluded from the calculation of debt because they usually do not affect the financial risk of an organization significantly and any liquidity risk that such liabilities may pose can more effectively be measured under liquidliabilities, etc.) may be excluded from the calculation of debt because they usually do not affect the financial risk of an organization significantly and any liquidity risk that such liabilities may pose can more effectively be measured under liquidliabilities may pose can more effectively be measured under liquidity ratios.
Those periodic special dividends are feasible because of the firm's immaculate balance sheet, which has almost no debt, relatively high cash levels (relative to the size of the company and its acquisitions), and a high current ratio (i.e. the company's short - term assets cover its short - term liabilities by more than three-fold, thus protecting it from unexpected negative financial strains, such as during recessions when demand from restaurants can lead to declining sales, earnings, and cash flow).
For example, a website hosting company may be particularly concerned about cybercrime and data loss while a financial company may worry more about professional liability and fraud.
If such changes have the effect of terminating the employment of 20 or more employees, the business could end up with very serious legal and financial liabilities under collective consultation obligations.
Tasked with assessing a large financial institution's liability in a money laundering investigation, Swiss FTS needed to reveal the truth surrounding more than 300 account managers and approximately 300,000 transactions.
Maclay Murray & Spens reduced its net debt by more than 80 % during the last financial year, according to the firm's latest limited liability partnership (LLP) filings.
During his more than 30 - year career, he has represented a variety of major debtors in high - profile Chapter 11 cases, numerous class - action product liability settlements and statutory creditor representation with an assortment of major financial institutions and restructurings.
Numerous U.S. legal scholars are now convinced that separating the financial / investment aspects of contingent fee cases from the professional / fiduciary aspects will yield a more transparent market in litigation, where full information about case prospects and liability will rationalise and correct the course of a system many believe is out of control.
While adjusting to changing tax liabilities, divorcing couples must rely more heavily on the advice of experienced family law attorneys, financial planners and accountants to understand the intricacies of the new tax code and what it really will mean for each party in the divorce.
As well, many companies are not aware of gaps in «traditional» insurance products that more specialty liability insurance products (i.e. media and Internet liability, cyber liability) are intended to catch, including breach of fiduciary duty to protect privacy of client information, content exposure (defamation, intellectual property), damages caused by virus, third party financial losses due to system downtime, costs associated with data breach notification following a cyber attack / hack, etc..
Vinashin was the 5th largest shipbuilder in the world in 2008 and had liabilities of more than US$ 4.5 billion at the commencement of its financial restructure.
That frees up the whole third party funding scene because a maximum can be more easily set for financial liability.
com GLOBAL CARTEL REPORT: ANTITRUST ENFORCEMENT AUTHORITIES REMAIN ACTIVE DESPITE NEARLY 50 % DROP IN FINES Produced by the firm's leading antitrust and competition team, the cartel report is a compre - hensive analysis exam - ining the following 2017 trends in antitrust compli - ance programmes and antitrust criminal liability: • A significant uptick in enforcement directed toward domestic cartels and individual criminal prosecutions • Continued scrutiny of the auto parts, financial services, and shipping in - dustries • A prioritization by more countries of anti-cartel enforcement, particular - ly in Asia • The expansion of glob - al authorities» extraterri - torial jurisdiction (Source: Morgan Lewis) Consistent with recent years, global enforce - ment authorities re - mained extremely ac - tive in 2017, opening many new investigations and advancing others, according to Morgan Lewis's latest Global Car - tel Enforcement Report.
Failure to respond to a lawsuit (also known as «service of process» in the form of a «summons» and «complaint») in a timely manner will result in a judgment by default and financial liability or more against the company.
With people having more of a need for credit today, a person's financial liabilities can really increase.
For example, a retail store may need insurance to cover a large inventory, risks to the premises and workers compensation, whereas a team of financial advisors may be more interested in professional liability coverage and insurance to cover office premises.
Intended to protect employees and the organization from financial losses, it provides high limits for medical care, commercial liability, business auto liability, worker's compensation, political risk, and more.
To make it more explicit: you'll want to review your life insurance coverage every time you have a major life event that changes your financial liabilities.
Third - party car insurance is a financial shield that helps car owners to bear the legal liabilities arising out of injury, death or property... Read More
But if your financial liabilities have changed, this yearly review will allow you to take stock and decide if you need to get more life insurance coverage.
Some plans include commercial liability coverage to protect against financial losses that can occur when doing business in a foreign country, including worker's compensation, auto liability, and political risks such as embargo, confiscation, and more.
All states have financial responsibility laws so, in states where there is no liability insurance requirement, you need to have proof of sufficient assets to pay damages, medical bills and more if you cause an accident.
The economic conditions present in Pennsylvania and across the country are no excuse to beg out of coverage; if anything, they are all the more reason to insulate yourself from financial hardship that could occur in the event of a loss or liability.
Being properly protected with liability insurance can save you from financial ruin, but what can you do to lower your home insurance premiums so you can afford more liability coverage.
Financial Liability insurance is catching up the trend with higher compliance in the insurance industry with the market still being small but the growRead More
Two - wheeler insurance safeguards a two wheeler and its owner by offering protection against financial liabilities that may arise in case accidents... read more
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