• Study Resource
  • Explore
    • Arts & Humanities
    • Business
    • Engineering & Technology
    • Foreign Language
    • History
    • Math
    • Science
    • Social Science

    Top subcategories

    • Advanced Math
    • Algebra
    • Basic Math
    • Calculus
    • Geometry
    • Linear Algebra
    • Pre-Algebra
    • Pre-Calculus
    • Statistics And Probability
    • Trigonometry
    • other →

    Top subcategories

    • Astronomy
    • Astrophysics
    • Biology
    • Chemistry
    • Earth Science
    • Environmental Science
    • Health Science
    • Physics
    • other →

    Top subcategories

    • Anthropology
    • Law
    • Political Science
    • Psychology
    • Sociology
    • other →

    Top subcategories

    • Accounting
    • Economics
    • Finance
    • Management
    • other →

    Top subcategories

    • Aerospace Engineering
    • Bioengineering
    • Chemical Engineering
    • Civil Engineering
    • Computer Science
    • Electrical Engineering
    • Industrial Engineering
    • Mechanical Engineering
    • Web Design
    • other →

    Top subcategories

    • Architecture
    • Communications
    • English
    • Gender Studies
    • Music
    • Performing Arts
    • Philosophy
    • Religious Studies
    • Writing
    • other →

    Top subcategories

    • Ancient History
    • European History
    • US History
    • World History
    • other →

    Top subcategories

    • Croatian
    • Czech
    • Finnish
    • Greek
    • Hindi
    • Japanese
    • Korean
    • Persian
    • Swedish
    • Turkish
    • other →
 
Profile Documents Logout
Upload
Best Practices for Stable NAV LGIPs
Best Practices for Stable NAV LGIPs

... for Local Government Investment Pools in 1989 and updated these guidelines in 1995 to better provide a framework for the formulation of prudent policies and disclosure for LGIPs. Since that time, LGIPs have experienced sizeable growth in assets and complexity. Given their common interest in promotin ...
large cap growth review - North Carolina State Treasurer
large cap growth review - North Carolina State Treasurer

... factors are historic revenue and EPS growth, projected revenue and EPS growth, return on assets, return on equity, capital expenditures relative to net income, and the stock's historic P/E range during the past five years. DSM employs several proprietary valuation methods that help to support the pr ...
NP 2012 COC 1 Q.
NP 2012 COC 1 Q.

Summary Prospectus
Summary Prospectus

... a single day will be the result of each day’s returns compounded over the period, which is likely to be either better or worse than the Index performance times the stated multiple in the Fund’s investment objective, before accounting for fees and fund expenses. Compounding affects all investments, b ...
The rise in US household debt: assessing its
The rise in US household debt: assessing its

... US households’ debt relative to their income has increased to new highs in recent years, posing questions about the likely economic effects of this growth in indebtedness. This paper assesses possible causes of this rising indebtedness and considers how sustainable such borrowing behaviour might be. ...
Why Do Investment Banks Continue To Fail? By: Caroline Gieryn
Why Do Investment Banks Continue To Fail? By: Caroline Gieryn

R CAPITAL SOLUTIONS LTD DISCLOSURE AND MARKET
R CAPITAL SOLUTIONS LTD DISCLOSURE AND MARKET

... Taking into consideration the Company’s size, services offered, complexity and operations, the risks that are considered significant and/or material for the Company are credit risk, market risk, operations risk, liquidity risk and large exposures. In regards to the above, setting the corporate risk ...
Download attachment
Download attachment

Summary Prospectus for the Public Offering of Shares of Nova
Summary Prospectus for the Public Offering of Shares of Nova

... reimburses funds to other subscribers who have provided such data in the subscription certificates. After the closure of the public offering, the Issuer shall register in the shortest time possible the resolution on the share capital increase in the Companies Register and is aware of no reason why s ...
Probability and Impact Rating System
Probability and Impact Rating System

Costs to Investors of Boycotting Fossil Fuels
Costs to Investors of Boycotting Fossil Fuels

Asian Investment Grade USD Bonds an Under Appreciated Asset
Asian Investment Grade USD Bonds an Under Appreciated Asset

... grade Asia ex-Japan bonds issued in US dollars provide yields ...
Banking Industry Country Risk Assessment
Banking Industry Country Risk Assessment

ENDOLOGIX INC /DE/ (Form: 10-Q, Received: 07/31/2014 13:40:04)
ENDOLOGIX INC /DE/ (Form: 10-Q, Received: 07/31/2014 13:40:04)

... accordance with generally accepted accounting principles in the United States of America ("GAAP") and the rules and regulations of the U.S. Securities and Exchange Commission ("SEC"). These financial statements include the financial position, results of operations, and cash flows of the Company, inc ...
Alternative Finance Investment Bonds
Alternative Finance Investment Bonds

In this and previous economic downturns, hotel investments showed
In this and previous economic downturns, hotel investments showed

... However, even in 2008, debt maturities required lender action. The average maturities of hotel debt have shortened over the last two decades. In past cycles, many hotels eluded distress simply by having longer term financing that they could service without having to face a debt maturity at the wrong ...
Find the Payment and Amortization Table
Find the Payment and Amortization Table

risk appetite renaissance - RBC Global Asset Management
risk appetite renaissance - RBC Global Asset Management

... However, different from the prior two components, further improvements in the risk proposition could be difficult to achieve. This is partially because the risk proposition is already fairly good, and partially because the world is still host to a variety of brewing risks. Europe looks safer than be ...
Improving international access to credit markets report
Improving international access to credit markets report

... Credit markets enable the free exchange of a ...
intermediate-financial-management-10th-edition
intermediate-financial-management-10th-edition

Annual Report 2013
Annual Report 2013

... seriously and this year we are taking steps to detail the high standards of control operating within the Company. In the Corporate Governance Statement we list the composition of the board, the ways in which effectiveness is measured, and the supporting committee structures and processes. Since join ...
Economics of Money, Banking, and Financial Markets, 8e
Economics of Money, Banking, and Financial Markets, 8e

... 3) Which of the following statements about financial markets and securities is true? A) A bond is a long-term security that promises to make periodic payments called dividends to the firmʹs residual claimants. B) A debt instrument is intermediate term if its maturity is less than one year. C) A debt ...
CASH
CASH

... worth of those goods? (Or did we pay for those plus some we purchased the period before?) ...
Estimating the country risk premium in emerging markets: the case
Estimating the country risk premium in emerging markets: the case

... Estimation of the cost of capital investment in a developed market is different than it is in emerging markets. As Estrada (2001) notes – defining the risk, determining the factors that influence the return on equity is complicated enough in developed countries but much more difficult in emerging mark ...
Estimating Firm Value
Estimating Firm Value

< 1 ... 45 46 47 48 49 50 51 52 53 ... 257 >

Securitization

Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt obligations (CDOs). Investors are repaid from the principal and interest cash flows collected from the underlying debt and redistributed through the capital structure of the new financing. Securities backed by mortgage receivables are called mortgage-backed securities (MBS), while those backed by other types of receivables are asset-backed securities (ABS).Critics have suggested that the complexity inherent in securitization can limit investors' ability to monitor risk, and that competitive securitization markets with multiple securitizers may be particularly prone to sharp declines in underwriting standards. Private, competitive mortgage securitization is believed to have played an important role in the U.S. subprime mortgage crisis.In addition, off-balance sheet treatment for securitizations coupled with guarantees from the issuer can hide the extent of leverage of the securitizing firm, thereby facilitating risky capital structures and leading to an under-pricing of credit risk. Off-balance sheet securitizations are believed to have played a large role in the high leverage level of U.S. financial institutions before the financial crisis, and the need for bailouts.The granularity of pools of securitized assets can mitigate the credit risk of individual borrowers. Unlike general corporate debt, the credit quality of securitized debt is non-stationary due to changes in volatility that are time- and structure-dependent. If the transaction is properly structured and the pool performs as expected, the credit risk of all tranches of structured debt improves; if improperly structured, the affected tranches may experience dramatic credit deterioration and loss.Securitization has evolved from its beginnings in the late 18th century to an estimated outstanding of $10.24 trillion in the United States and $2.25 trillion in Europe as of the 2nd quarter of 2008. In 2007, ABS issuance amounted to $3.455 trillion in the US and $652 billion in Europe. WBS (Whole Business Securitization) arrangements first appeared in the United Kingdom in the 1990s, and became common in various Commonwealth legal systems where senior creditors of an insolvent business effectively gain the right to control the company.
  • studyres.com © 2025
  • DMCA
  • Privacy
  • Terms
  • Report