Sentences with phrase «whose only asset»

Or they can do it indirectly, by allowing central banks to expand their credit by writing cheques on bank accounts whose only asset is the government's borrowing capacity.
So I am confused: an hypothetical business whose only asset is excess cash would be likely to have it remunerated at the risk free rate.
The 40 - year - old, who left Bellamy's in January, made a dramatic re-entry into the corporate world this week when she was announced managing director of an ASX minnow whose only asset is a 48 per cent stake in the gourmet food business, Maggie Beer Products, the business built up by celebrity cook Maggie Beer.
Often patent trolls set up shell companies whose only assets are the patents, which means they have no real revenues or assets.

Not exact matches

The only ones who wouldn't feel it would be the rich Chinese whose goal simply was to collect assets outside the reach of their government.
These companies are hardly the only ones whose earnings are affected by hidden asset write - downs.
Domhnall Gleeson shows up as Seal's shadowy handler Schafer, a middle man who can crank up the intimidation when he wants, brown - nosing his way to a promotion by pushing his asset beyond his comfort zone; Sarah Wright fails to make a splash as Lucy Seal, Barry's wife whose only real memorable moments are going against the movie trope grain (when asked, «Do you trust me?»
One of its strongest assets is its cast, with superior actors in the leading roles: Cumberbatch as Steven Strange, the brilliant and arrogant New York surgeon whose reason for existence is cut short by a horrific car crash... Tilda Swinton as a mystic known as the Ancient One who is willing to lead him to enlightenment in Kathmandu if only he will subjugate his inflated ego... Chiwetel Ejiofor as her faithful follower and right hand man... Benedict Wong as the guardian of the library where the accumulated secrets of their sect are stored... and Mads Mikkelsen as the brilliant student gone rogue who may soon destroy the earth, one major city at a time.
You can only sell them at the last daily closing net asset value (NAV), in contrast to ETFs, whose market value may vary minute to minute.
There is now a general sense of rebellion against security analysts, who during the period prior to April 2000, were putting out strong buy recommendations for dot com common stocks, telecom common stocks, and other issues of companies whose only apparent real asset was an ability to sell new issues to the public at ridiculous prices.
Diversification reduces risk only when assets are combined whose prices move inversely, or at times in relation to one another.
Ross, whose fund specialises in distressed assets, was among a group of North American investors who bought a 35 percent stake only months after Ireland signed up to an EU / IMF bailout in an early vote of confidence in the debt - ravaged country.
Unlike mutual funds, whose net asset value is only determined at the end of trading day, ETFs have no such restrictions.
The case involved an elderly woman, Kay, whose only substantive asset was her house.
For the most part, however, because enforcing debts against state governments is so difficult, transactions are structured as much as possible to prevent the need to enforce debts in that way through (1) legal limitations on governmental liability, (2) legislative budget rules requiring interest on debt and currently due principal payments to be made first, (3) third - party bonding of state and local governmental construction projects, (4) the creation of publicly owned corporations whose debts can only be collected out of the corporation's assets and revenues, and (5) avoidance of trade credit obligations by paying bills in cash.
If the driver whose carelessness harmed you carries only the minimum liability insurance coverage of $ 25,000 and has no assets, you may need to make a claim against your own uninsured or underinsured motorist coverage.
* So the employee whose auto insurance liability only covers $ 250,000 of an $ 800,000 judgment and associated fees won't find his bank accounts, investments, assets, or future earnings stripped to meet it.
* So the employee whose auto insurance liability only covers $ 250,000 of a $ 800,000 judgment and associated fees won't find his bank accounts, investments, assets, or future earnings stripped to meet it.
Bitcoin is also the only tradable asset besides an internal token called Dericoin, whose availability is restricted to their test platform.
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