To create the effect of shortening (or accelerating) the recovery period, transactions economically based on a longer period (e.g., 20 years) were structured with a shorter base term (e.g., 10 years), coupled with a financial obligation
of the lessee at the expiration of the lease term to (1) purchase the asset at a predetermined price estimated to equal or exceed its then fair market value; (2) make a termination payment (or provide a limited residual loss guarantee); or (3) arrange for another party with acceptable credit to enter into a "replacement lease" containing certain specified minimum economic terms.
for a specific purpose or purchaser.
A BCR is not investment advice, nor should it
to any specific insurer, issuer or financial obligation
. A BCR is
An FSR is not a recommendation to purchase, hold or terminate any insurance policy, contract or any other financial obligation
issued by an insurer, nor does it address the suitability of any particular policy or contract for a specific purpose or purchaser.
According to analysts, the nation's central bank has been endeavouring to repay debt instalments to prevent defaults of its financial obligation
to the IMF under the SBA facility.
One measure we can examine to gauge if consumer credit growth is sustainable going forward is the household financial obligation
The most significant financial obligation
that a tenant struggles with in a receding economy is rent.
For purposes of this Statement, the amount of insurance protection provided is assumed to be a function of the insured principal amount outstanding, since the premium received requires the insurance enterprise to stand ready to protect holders of an insured financial obligation
from loss due to default over the period of the insured financial obligation
The act protects consumers whose financial obligation
arises primarily for personal, family or household purposes.
Such arrangements may create a significant financial obligation
and severely effect the firm's survival or profitability.
Accounting for retiree benefits by reporting only the current year's costs hides the fact that the employer has a continuing financial obligation
. Accurate reporting of an employer's finances therefore demands that retiree health benefit costs be accounted for and reported as those costs are incurred, not simply when they are paid.