Up to now there has been no comprehensive and widely acceptedtheoryof a monetary economy. Maybe this can be explained by the prevailing doubts within the profession of economists whether there is amonetary econ
We augment this result by identifying NIRP's impact on other aspects of banks' risk-taking behaviour; NIRP is associated with reductions in banks' loan growth and average loan price (by 3.7 percentage points and 59 basis points) and a rebalancing of asset portfolios towards safer assets. ...
the sum so capitalised. asiasat.com asiasat.com 董事會可委任任何人士代表被有權在資本化發行中獲分派的人士與本 公司訂立有關以令有關事宜生效屬必要或適宜之任何協議,而有關委任(及根據有關 委任而作出之任何協議)具有效力且對所有相關事宜具約束力,有關人士接納將予配 發及派發予彼等各自的股份、債券或其...
(c) Borrowing used to purchase capital assets When money is borrowed to finance the acquisition of capital assets such as office furniture, equipment or properties, the interest charged on the borrowing may either be capitalised or expensed in accordance with applicable...
and capitalised interest. swirepacific.com swirepacific.com 現金利息倍數以營業溢利除以財務支出淨額及資本化利息計算。 swirepacific.com swirepacific.com Cashinterest coverinthe half-year was 4.1 times (1997: 10.0 times); the reduction is attributable to the decline in profits ...
Default Interest Periodmeans for any overdue amount of the Withdrawn Loan Balance, each Interest Period during which such overdue amount remains unpaid; provided, however, that the first such Default Interest Period shall commence on the 31st day following the date on which such amount becomes overd...
Arrears of Interest means as at any date and in relation to any Mortgage Loan, interest (other than Capitalised Interest or Accrued Interest) on such Mortgage Loan which is currently due and payable on such date; Area of Interest means the area described in Part 2 of Exhibit A. Initial Rat...
On the contrary, the low bank rate is meant to pull down interest rates ‘along the curve’ to encourage banks and others to lend and invest in order to earn a real return, as well as to stop crucial institutions from going bust. ...
He then realised that he had omitted to consider deferred tax on development costs. In 20X5, development costs of $200,000 had been incurred and capitalised. Development costs are deductible in full for tax purposes in the year they are incurred. The development is still in process at 31 ...
(c) Borrowing used to purchase capital assets When money is borrowed to finance the acquisition of capital assets such as office furniture, equipment or properties, the interest charged on the borrowing may either be capitalised or expensed in accordance with applicable...