They never agreed to such a thing, and if the partnership is dissolved with net liabilities, then the effect of such agreements is to stiff creditors.
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Credit Suisse cites Hungary as one of the most vulnerable countries to deflation because its net foreign liabilities are 123% of GDP.
Italy might not need to leave the euro on grounds of its net external liabilities, and its primary budget (ie, before interest payments) is under control.
Since net stock of private savings is larger than the net stock of public sector liabilities, Koll reckons that the overall effect on the economy would be positive.
Whether your country, state or municipality is blue or red, your income less your expenses is still your profit, and your assets minus your liabilities is still your net worth.
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Although the details vary from country to country, a widely used rule-of-thumb says that a lease does not have to be capitalised so long as the net present value of the lease liabilities (ie, future rents) amounts to less than 90% of the value of the asset.
The net cash proceeds are prior to any adjustment for potential tax liabilities which are likely to arise from the sale of spectrum assets even after utilizing the existing net operating losses.
Governments should publish net worth, which encompasses assets and liabilities, so taking over pension schemes is less appealing.
The shares have climbed more than 35% since, yet still trade at a discount of 23% to book value, the difference, or net worth, between its assets and its liabilities.
Has good information on how to identify net-net stocks (trading for less than assets minus all conceivable liabilities).
Determine your net worth, which is the value of your assets minus your liabilities.
Take all of your assets, subtract everything that you owe, all your liabilities, the result is a figure known as your net worth.
You can easily do the first three steps by connecting your accounts to our Money Center, which allows you to add up your assets (savings, investments, etc.) and liabilities (debts, loans, etc.), to determine your net worth, which you want to grow from this point forward.
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Also (though Mr Cable does not make this very nerdy point), it's worth remembering that the government measure - net debt - is what you get when you subtract the government's assets from its gross liabilities (debt).
Generali also argues that its compensation does not matter, because it was paid no more than the net asset value of its East-European operations ie, what was left after subtracting policyholder liabilities.
"Poor investment returns in 2008 and unusually large swap liabilities, " Moody's said in February, "have combined to reduce the unrestricted net assets" of universities and hospitals around the nation.
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