Voidable Capable of being rendered void. Voluntary bankruptcy A consumer who files for bankruptcy on their own is known as having applied for voluntary bankruptcy. W Wage assignment When the debtor voluntary agrees to transfer part of his/her wages to the creditor. ...
The Chinese government implemented a stimulus package dominated by tax and business fees cuts and shifted bank lending to small and medium-sized private firms. The stimulus package partially offset the adverse impact of the US-China trade conflict on the Chinese economy. 23 The Eurozone recorded a...
- 40 - d. Financial cost For the Three Months Ended September 30 2016 2015 For the Nine Months Ended September 30 2016 2015 Interest expense Bonds payable $ 73,557 Bank loan 209,386 Interest on obligations under financial lease 17,917 Loss arising on derivatives as designated hedging ...
The size of bank mortgages compared to the loan-to-value (LTV) has remained largely constant, falling moderately recently; whilst average LTV is around 70%, some products are available at up to 90% of the property value. Something similar has happened with average mortgage values, which ...