Sentences with phrase «use of borrowed money from»

Definition: The use of borrowed money from a brokerage house to purchase securities.

Not exact matches

The amount of money borrowed to pay for new and used vehicles climbed to an all - time high of $ 968 billion in the third quarter, according to new data from Experian, which tracks auto loans.

This provides a unique angle to real estate investing, which often uses leverage, whereby a buyer borrows against most of a property's value to gain income from the property, even though the buyer only put part of the money into the property.

Despite increase in our debt profile, it is still believed that Nigeria can borrow from the International financial institutions and use it to reflate the economy by quickly taking the advantage of the credibility of President Muhamadu Buhari which is a good leverage because some international financial institutions are ready to lend us money for infrastructural development.

Mr. Giardina, he said, «is the only person I ever saw speak publicly against the use of 20 percent of the fund for water quality; he thinks we should borrow the money from the federal government.»

Because of tax and debt limits, educational districts could not raise tax rates or borrow more money using traditional Current Interest Bonds to compensate for the loss in revenue resulting from the decline in property values.

They would have borrowed it from the library or a friend, found it in a used bookstore, or left it unread — none of which would have put any money in the publisher's pocket.

The money you borrow can be used for a variety of reasons, from being able to secure your first flat to paying for your wedding.

A HELOC is a revolving line of credit that enables you to borrow money from your credit union or bank using your home as collateral.

Even the most qualified homeowners can borrow only as much money as their house is worth, as proceeds from the eventual sale of the home are used to pay off the reverse mortgage debt.

Yet another situation was someone thinking of buying a house and using the Home Buyers Plan to borrow money from their RRSP — however the RRSP account had lost so much value, they can't borrow from it anymore.

Those facing unexpected expenses found a variety of ways to cover the bills — with 33 % using a line of credit, 32 % using a high - interest credit card to cover the cost, 23 % using money from their emergency fund savings, and 14 % borrowed money from a family member.

If you qualify, you can borrow up to 100 % of the cost of attendance each year; however, it's best used as a «filler» for the money you don't get from federal loans or scholarships.

The cash value is the amount of money you would receive if you were to give up your coverage, but can also be used to borrow money from the insurer in a policy loan.

Borrowing money from the carrier using the policy's cash value as collateral is a key part of using an infinite banking strategy because it avoids tax consequences, since loans do not constitute income.

When you use credit card, you are simply borrowing money from your credit card issuer with the hope of repaying later either in full or in parts over a period of time.

You're borrowing from the equity you've already built up from your home payments, and you can use the money to make improvements that increase the value of your home or to pay for a big non-home-related purchase.

Whenever my credit card balance approached $ 5,000, I would pump the brakes on spending and «borrow» money from savings as part of the repayment process and use the rest from paychecks.

In other words, for every $ 1,000 of his own money he invested in the stock he bought another $ 1,000 worth using money borrowed from the broker.

The return of the growth is calulated after substracting the MER.75 % of the principal is guarenteed at maturity.You can also withdraw 10 % without any penality in every year from the segregated funds.You can also do SM through Manuone.If you can put 10 % with CMHC insurance, either borrow a lumpsum from the subaccount, if you have the equity, or can use dollar cost averaging.In this case you pay only prime rate for the mortgage aswell as for the subaccount just like a credit line.The beauty of the mauone is that you can pay of the mortgage at any time if you have the money.Any money goes into your account will reduce your principal amount, and you pay only the simple interest at prime for the remaining principal.With a good decipline and by putting the tax returnfrom the investment in to the principal will reduce the principal subsatntially.If you don't have the decipline don't even think of this idea.I am an insurance agent, recently I read this SM program while surfing the net, I made my own research and doing it for my clients.I believe now 20 % downpayment can get a mortgage without cmhc insurance.Fora long term investment plan, Manuone with a combination of Segregated fund investment I believe is the best way to pay off the mortgage quickly and investment for the retirement.

A common IPO fraud ruse by the insiders and investment bankers is for the directors to first borrow some short - term financing from the banks, using part of the borrowed money to create set - up customers to engage in fictitious sales with the IPO company.

«If you want to borrow money against the securities in your account you can withdraw funds or just use your Interactive Brokers Debit Mastercard ® for any expense — from a cup of coffee to a car.»

As of 2010, new legislation placed a minimum of six months for loans using a personal check to borrow money from a payday lender.

By using the vehicle title as the loan collateral, drivers get approved very quickly to borrow a significant amount of money from a title loan.

Of course, once you get to the stage where you have your finances in order and everything is under control, budget surpluses can be better spent on investing in appreciating assets such as property, provided the property market is rising, and only where you will be able to make more money from borrowing to buy the property than you would using the money elsewhere.

Since your vehicle's value is used to determine your loan amount, quotes are provided to give you an idea about the amount of money you will be able to borrow from our lender.

The APR, or annual percentage rate, is the rate at which interest is charged on the credit you use — it is essentially the cost of borrowing money from the card issuer.

Is it safe to invest in a portfolio of dividend stocks yielding 7 - 9 %, with the money used to buy the stocks borrowed at 3 - 4 % from one of these brokerages?

For example you may borrow money from relatives, start doing the activity which will bring additional money, or use the option of peer - to - peer borrowing.

The majority of reward credit card interest rates are based on the person's credit score, which is used to determine a person's credit worthiness and their record of repaying money that they have borrowed from creditors.

Years ago, in a seminal decision, the Supreme Court of Canada summarized the four requirements that must be met for interest expense to be tax deductible: «(1) the amount must be paid in the year...; (2) the amount must be paid pursuant to a legal obligation to pay interest on borrowed money; (3) the borrowed money must be used for the purpose of earning non-exempt income from a business or property; and (4) the amount must be reasonable.»

In the recent case, the Tax Court had to decide whether, under the third requirement, there was «a sufficient direct link between the borrowed money and the current use of that money to gain or produce income from property.»

The majority of people that need to improve their credit score have a great deal of blemishes on their credit report, which is used to determine a person's credit worthiness and their record of repaying money that they have borrowed from lenders.

Funding Source: Some lenders will not accept money borrowed from a 401K to be used as a down payment on rental or other types of commercial real estate properties.

If you borrow money using the policy's loan features, and die with the loan not having been paid back, the balance of the loan will be deducted from your death benefit.

You can use the cash account in a number of ways — you can withdraw money from the account or you can borrow against the cash value.

Borrowing money from the carrier using the policy's cash value as collateral is a key part of using an infinite banking strategy because it avoids tax consequences, since loans do not constitute income.