The local loop assets cover the last mile or so of wire between telephone exchanges and homes.
The problem is, as with any borrower, what are the assets that cover these debts?
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Its net foreign-exchange exposure is nil, but Iceland was in a similar position, and its banks have not been able to liquidate foreign assets to cover their foreign debts.
In regards to leverage, Basel III introduced a minimum 3% leverage ratio and two required liquidity ratios: (1) the Liquidity Coverage Ratio, which requires a bank to hold high-quality liquid assets to cover its total net cash outflows over 30 days, and (2) the Net Stable Funding Ratio, which requires the available amount of stable funding to exceed the required amount of stable funding over a one-year period of extended stress.
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Actively managed mutual funds typically charge around 1% of assets annually to cover management fees and other expenses.
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If the economy were then in a dire state, equity and property prices would have plunged and the assets would not cover the liability.
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Make sure that beneficiary designation forms, which cover retirement assets, name both primary and alternate beneficiaries.
While some use it to cover their assets with a tax-free death benefit to their spouses or children, others are just as likely to go ahead and let the kids pay the taxes, the better to teach them a real world lesson on government confiscation of wealth.
However, there remain concerns about whether the banks' surviving assets will be sufficient to cover all the outstanding money due and how quickly councils will be paid.
Once the world's second-biggest oil company, BP has fallen to fourth place among the "oil majors" after selling off billions of dollars worth of assets to set aside money to cover liabilities related to the disaster.
If you're fortunate enough to have substantial assets, life insurance can also help cover estate taxes for your heirs.
The company has been selling assets in order to raise funds to cover the costs arising from the Deepwater Horizon disaster.
Even modest amounts of additional income can allow individuals to delay the drawdown of their retirement assets or the date when they claim Social Security benefits, allowing those assets to grow and requiring them to cover fewer years.
Without assets to generate the cash that Seiyu needs to cover its interest bill, the firm could collapse.
Companies looking to follow the GM model will have to fund the plan as well as contribute an additional 15% of their assets as premium to the insurance company chosen to cover the pension.
Another advantage of 100%-reserve banking: Banks would need very little equity capital to cover the small risks associated with matching their assets and deposits.
The will does not cover many of the singer's primary assets, including music rights and his home, which have been owned by a trust since 2000.
Low net worth individuals owning a high proportion of foreign currency assets would likely need to sell some of these assets if their cash deposit holdings (in Japan) did not cover their (immediate) needs.
In New York, the stock market is down, investors are withdrawing assets from his fund, and he has borrowed four hundred million dollars to cover a hole in his balance sheet.
Together, the top nine have written down bad assets by several hundred billion dollars, and they could use the new cash to cover future losses.
Drawing from international experience, the World Bank suggested that China could raise contribution rates, or use general revenues or dedicated social security taxes to cover contingent liabilities, in addition to direct transfers of state-owned assets.
That implies Greek banks have almost no spare assets to pledge for secured loans, if they are to keep anything back to cover the money they have borrowed in the form of deposits from ordinary Greek citizens.
She could also borrow bridge financing from the Treasury to cover for the time lapse between a bank failure and the sale of its assets.
It doesn't cover "regular" insolvencies, where a bank is just shut down, its assets frozen and liquidated.
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Used to be that a company borrowing to cover payroll or an inventory buildup would get a 12-month bank loan backed by tangible assets.
Furthermore, once assets are gone, patients may be forced to rely on Medicare, which limits care options and may not cover all costs.
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