asset backing

He tends to look for strong asset backing and cash flow.

Income on any overseas assets backing this policy may be subject to a local withholding tax.

If the assets backing the loan have been valued accurately, those creditors would be paid in full.

Given that there are assets backing much of the banks' loans, some analysts said the stock market had overreacted.

This may be particularly important in service industries where there may be limited net asset backing.

The assets backing the debt have fallen in value (houses) and therefore the banks are insolvent of bankrupt.

William expected four things from his investments: a low multiple of earnings, a high growth rate, strong asset backing and a favourable trading outlook.

Clerical Medical is liable to United Kingdom tax on the income and certain gains arising from the assets backing this policy.

Investment income derived from assets backing pensions (retirement income streams) is "exempt" income.

A stock which achieves poor profit and/or capital gains despite sound underlying business and/or asset backing may be called underachieving.

Already the assets backing securities include car loans, credit cards, trade receiveables and leases for computers and automobiles.

Real trouble could begin, Mr. Kasriel fears, with a decline in property values, the assets backing the enormous debt of consumers and banks alike.

J. P. Morgan filed suit against Enron last December, demanding that the company turn over assets backing the Sequoia loans.

In addition, the capital gains charge over assets backing UK long-term business liabilities will be extended to assets located outside the UK.

When the Finance Minister of the country states in Parliament that the Bank's deposits had hardly 15% asset backing, the people had no reason to disbelieve.

The same source estimated Knighton's asset backing at as much as £25m, mainly in the form of property in the north of England and Scotland.

The Westfield Group for example recommends on their securities using the ratios of the net tangible asset backing (NTA) of each part.

They have little trouble attracting the notice of dividend-hungry raiders like Mr. Kerkorian and they offer investors insurance that there are hard assets backing up the stock price.

But if the stock - which serves as the asset backing the loan - declines in value, the customer will be asked to put up more money to make up for the shortfall.

Mr. Blass was also unable to find a satisfactory buyer, which is why he resorted to an unusual bond deal that used his trademarks as the assets backing the securities.

ABCP investors started to worry about the value of the asset backing their ABCP and stopped rolling over their position.

If shares are being bought by an employee trust, the trust may be able to borrow from a bank - particularly if the business has strong, predictable cashflow and good asset backing.

If unsecured creditors can show that the real estate and other assets backing the senior creditors' claims are worth less than they were originally, the difference is then treated on the same terms as an unsecured claim.

Standard Chartered in London, understood to have around £300million on loan to Mr Bond, declined to comment, although it is understood executives are confident of the asset backing for most of the exposure.

In determining an appropriate dividend yield, regard should be had not only for comparable public company yields but allowance should also be made for factors such as non-negotiability, dividend cover, asset backing etc.