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What is Cloud Backup? Webopedia Definition

#cloud #backup, #cloud #backup #definition, #cloud #computer #backup, #cloud #storage, #online #backup, #define, #webopedia, #glossary, #dictionary, #encyclopedia


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cloud backup

Cloud backup, or cloud computer backup . refers to backing up data to a remote, cloud-based server. As a form of cloud storage. cloud backup data is stored in and accessible from multiple distributed and connected resources that comprise a cloud (see “cloud computing “ ).

Cloud Backup Solutions

Cloud backup solutions enable enterprises or individuals to store their data and computer files on the Internet using a storage service provider. rather than storing the data locally on a physical disk, such as a hard drive or tape backup.

Cloud backup providers enable customers to remotely access the provider’s services using a secure client log in application to back up files from the customer s computers or data center to the online storage server using an encrypted connection.

How to Restore a Cloud Backup

To update or restore a cloud backup, customers need to use the service provider’s specific client application or a Web browser interface. Files and data can be automatically saved to the cloud backup service on a regular, scheduled basis, or the information can be automatically backed up anytime changes are made (also known as a “cloud sync”).

Enterprise Cloud Backup

For enterprises, enterprise-grade cloud backup solutions are available that typically add essential features such as archiving and disaster recovery. Archiving features help to satisfy an enterprise s legal requirements for data retention, and as part of a company’s disaster recovery plan. the remote, off-site storage provided by cloud backup helps ensure the data remains safe should the enterprise s local data be jeopardized by a disaster such as a fire, flood, hacker attack or employee theft.

Top 5 Cloud Backup Related Questions

More Cloud Computing Articles from Webopedia.com

From keyword analysis to backlinks and Google search engine algorithm updates, our search engine optimization glossary lists 85 SEO terms you need. Read More

Microsoft Windows is a family of operating systems for personal computers. In this article we look at the history of Microsoft operating. Read More

From Goats to Penguins, a server outage and trillions of searches, our slideshow presents interesting facts about Google and the Google.com. Read More

Java is a high-level programming language. This guide describes the basics of Java, providing an overview of syntax, variables, data types and. Read More

This second Study Guide describes the basics of Java, providing an overview of operators, modifiers and control Structures. Read More

The Open System Interconnection (OSI) model defines a networking framework to implement protocols in seven layers. Use this handy guide to compare. Read More


Technocrat – definition of technocrat by The Free Dictionary, reconciliation definition.

#Reconciliation #definition


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technocrat

tech no crat

technocrat

technocrat

  • techno-philiac
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  • Techno-remixing
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  • Techno-Sciences, Inc.
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  • Technocracy (bureaucratic)
  • Technocracy (bureaucratic)
  • Technocracy (bureaucratic)
  • Technocracy (disambiguation)
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  • Technocraft Industries India Ltd.
  • technocrat
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  • Technocratic Theories
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  • Technological Advances in Aeronautics
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All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.


Micro-entreprise: définition de l – ex-statut auto-entrepreneur, la définition de entreprise.

#La #définition #de #entreprise


La micro-entreprise : définition et fonctionnement

Cet article propose une définition simple de la micro-entreprise ainsi quun résumé de son fonctionnement et des obligations.

Définition micro-entreprise : La micro-entreprise est une entreprise individuelle dont le régime fiscal et social est très simplifié.

Autre définition micro-entreprise : La micro-entreprise est un régime simplifié qui remplace lancien régime de lauto-entreprise depuis le 1er janvier 2016.

  • Créer une micro-entreprise permet dêtre dispensé de tenir une comptabilité réelle.
  • Exercer en micro-entreprise nest soumis à aucune limite dans le temps.

Plafonds de chiffre d’affaires en micro-entreprise.

Définition : Le plafond de chiffre daffaires est le montant de recettes maximal pour pouvoir exercer en micro-entreprise.

Le régime de la micro-entreprise est soumis aux plafonds de chiffre daffaires suivants :

A noter : Suite à la réforme engagée par le gouvernement, les plafonds de la micro-entreprise vont augmenter au 1er janvier 2018 : les nouveaux plafonds sont les suivants :

  • 170 000 € pour la vente de marchandises,
  • 70 000 € pour les services ou la main d’œuvre,
  • 170 000 €dont 70 000 € de main d’œuvre pour les activités mixtes.

Les obligations en micro-entreprise.

Le fonctionnement et la définition de la micro-entreprise sont simples, mais ce type de structure juridique est soumis aux obligations suivantes :

  • Avoir un compte bancaire séparé (pas forcément un compte professionnel).
  • Tenir un cahier de recettes indiquant toutes les entrées d’argent.
  • Déclarer ses recettes tous les mois ou tous les trois mois.
  • Conserver les factures des dépenses.
  • Indiquer la mention obligatoire suivante sur les factures : Exonéré de TVA, art. 293-B du CGI.

Un outil de facturation Excel pour les micro-entrepreneurs (gratuit).

WikiCréa a créé un outil Excel gratuit et facile à utiliser pour établir devis et factures en micro-entreprise : cliquez ici pour y accéder.

Le paiement des cotisations sociales et de l’impôt sur le revenu en micro-entreprise.

Les cotisations sociales se paient sur la base dun pourcentage des recettes déclarées.

Limpôt sur le revenu peut se payer de deux manières différentes :


What is auto insurance, III, automobile insurance definition. #Automobile #insurance #definition


What is auto insurance?

Auto Insurance

Basic personal auto insurance is mandated by most states and provides you with some financial protection in case of an accident. But is it enough? What are the options? Learn how car insurance works and what types of coverage are available.

Auto insurance is a contract between you and the insurance company that protects you against financial loss in the event of an accident or theft. In exchange for your paying a premium, the insurance company agrees to pay your losses as outlined in your policy.

Auto insurance provides coverage for:

  • Property – such as damage to or theft of your car
  • Liability – your legal responsibility to others for bodily injury or property damage
  • Medical – the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses

Basic personal auto insurance is mandated by most U.S. states, and laws vary. Auto insurance coverages are priced individually (a la carte) to let you customize coverage amounts to suit your exact needs and budget.

Policies are generally issued for six-month or one-year timeframes and are renewable. The insurance company sends a notice when it’s time to renew the policy and pay your premium.

Who is covered by my auto insurance—and under what circumstances?

Your auto policy will cover you and other family members on your policy, whether driving your car or someone else’s car (with their permission). Your policy also provides coverage if someone who is not on your policy is driving your car with your consent.

Your personal auto policy only covers personal driving, whether you’re commuting to work, running errands or taking a trip. It will not provide coverage if you use your car for commercial purposes—for instance, if you deliver pizzas.

Personal auto insurance will also not provide coverage if you use your car to provide transportation to others through a ride-sharing service such as Uber or Lyft. Some auto insurers, however, are now offering supplemental insurance products (at additional cost) that extend coverage for vehicle owners providing ride-sharing services.

Is auto insurance coverage mandatory?

Auto insurance requirements vary from state to state. If you’re financing a car, your lender may also have its own requirements. Nearly every state requires car owners to carry:

  • Bodily injury liability – which covers costs associated with injuries or death that you or another driver causes while driving your car.
  • Property damage liability – which reimburses others for damage that you or another driver operating your car causes to another vehicle or other property, such as a fence, building or utility pole.

In addition, many states require that you carry:

  • Medical payments or personal injury protection (PIP), which provides reimbursement for medical expenses for injuries to you or your passengers. It will also cover lost wages and other related expenses.
  • Uninsured motorist coverage reimburses you when an accident is caused by a driver who does not have auto insurance—or in the case of a hit-and-run. You can also purchase underinsured motorist coverage, which will cover costs when another driver lacks adequate coverage to pay the costs of a serious accident.

Even if PIP and uninsured motorist coverage are optional in your state, consider adding them to your policy for greater financial protection.

What other types of auto insurance coverage are typical?

While most basic, legally mandated auto insurance covers the damage your car causes, it does not cover damage to your own car. To cover your own car, you should consider these optional coverages:

  • Collision reimburses you for damage to your car that occurs as a result of a collision with another vehicle or other object—e.g., a tree or guardrail—when you’re at fault. While collision coverage will not reimburse you for mechanical failure or normal wear-and-tear on your car, it will cover damage from potholes or from rolling your car.
  • Comprehensive provides coverage against theft and damage caused by an incident other than a collision, such as fire, flood, vandalism, hail, falling rocks or trees and other hazards—even getting hit by an asteroid!
  • Glass Coverage provides coverage from windshield damage, which is common. Some auto policies include no-deductible glass coverage, which also includes side windows, rear windows and glass sunroofs. Or you can buy supplemental glass coverage.

What is gap insurance and do I need it?

Collision and comprehensive only cover the market value of your car, not what you paid for it—and new cars depreciate quickly. If your car is totaled or stolen, there may be a “gap” between what you owe on the vehicle and your insurance coverage. To cover this, you may want to look into purchasing gap insurance to pay the difference. Note that for leased vehicles, gap coverage is usually rolled into your lease payments.

Next steps: Check out this handy infographic on the types of required and optional drivers insurance coverages.


Faute simple et faute lourde en droit administratif, définition faute simple. #Définition #faute #simple


Faute simple et faute lourde en droit administratif

  • Nombre de pages : 3 pages
  • Langue : franГ§ais
  • Date de mise Г jour : mercredi 13 aoГ»t 2014
  • ConsultГ© : 3 fois
  • Format : .doc

RГ©sumГ© du document

En droit civ : faute lГ©gГЁre suffit en pp Г engager resp perso : si faute simple suffit Г engager resp de l’ad pr D causГ© dans ex d’une activitГ© facile Г mettre en œuvre : mais faute lourde exigГ©e pr engager resp dГЁs lors que D trouve sa source dans accomplissement d’1 activitГ© difficile Г exercer.

Extraits

I. ActivitГ© fiscale

Les plus consultГ©s

Fiche de rГ©vision – Les arrГЄts importants en droit administratif

Ccass, Dreyfus, 1895 : en matiГЁre fiscale l’administration ne peut pas recourir au contrat. CE, SociГ©tГ© PRO 2C, 2012 : un contrat qui prГ©sente tous les critГЁres du CA, mais qui ne relГЁve pas du droit franГ§ais ne pourra pas relever du JA. CE, les amis de la Terre, 1985 : en matiГЁre de.

lundi 10 octobre 2016

Fiche de 30 pages – Droit administratif

Droit administratif – 2ГЁ annГ©e

Droit administratif – trГЁs complet – 2ГЁme annГ©e 140 pages

jeudi 12 juin 2008

Cours de 153 pages – Droit administratif

Lettre de levГ©e de la retenue garantie

Madame, monsieur, Je soussignГ© maГ®tre d’ouvrage autorise par le prГ©sent courrier la levГ©e de la retenue garantie, qui concerne le chantier de ooo. situГ© au oooo, relativement Г la facture du montant de ooo euros , en date du oo.

mercredi 01 juillet 2015

Lettre type de 1 pages – Droit administratif

CE, 4 mai 1949, Ville de Toulon relatif Г un contrat portant sur l’Г©clairage public de la ville de Toulon.

Le conseil d’Г©tat en rendu un arrГЄt intitulГ© В« Ville de Toulon В», le 4 mai 1949 relatif Г un contrat portant sur l’Г©clairage public de la ville de Toulon. Dans une convention prise 29 dГ©cembre 1933 et 4 janvier 1934, une sociГ©tГ©, concessionnaire de la distribution du gaz et de l’Г©lectricitГ© sur la commune de Toulon, a pris Г sa charge le.

vendredi 03 avril 2015

Commentaire d’arrГЄt de 1 pages – Droit administratif

Les plus rГ©cents

La soumission de la puissance publique au droit de la concurrence

A partir de la dГ©cision du conseil d’Г©tat, chambre de commerce en dГ©tails de Nevers, la question de l’application du droit de la concurrence aux principe a aussi Г©tГ© envisagГ©e par les textes, en particulier l’art 53 de l’ordonnance du 1/12/1986 relative Г la libertГ© des prix et de la concurrence. Cette ordonnance est abrogГ©e mais son contenu est.

lundi 30 avril 2018

Cours de 3 pages – Droit administratif

Contrat et droit public Г©conomique

Le contrat est une convention conclue entre deux ou plusieurs personnes en vue de faire naГ®tre une ou plusieurs obligations. Le contrat a connu une Г©volution croissante dans le domaine du droit administratif, au sein duquel il se manifeste sous plusieurs formes dont les plus importantes sont les marchГ©s publics, les contrats globaux de type.

dimanche 01 avril 2018

Cours de 1 pages – Droit administratif

Contentieux administratif : les caractГЁres et rГЁgles des rГ©fГ©rГ©s

Les dГ©lais de jugement devant ГЄtre examinГ©s par les juridictions administratives sont longs. C’est la raison pour laquelle le Code de justice administrative comporte des dispositions relatives Г des dispositions d’urgence aux fins soit d’accГ©lГ©rer le cours de l’instruction, soit de prГ©server les parties des consГ©quences que les dГ©lais de.

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Cours de 7 pages – Droit administratif

Les administrations de directions et d’impulsions

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Micro-entreprise: définition de l – ex-statut auto-entrepreneur, vente traditionnelle définition.

#Vente #traditionnelle #définition


La micro-entreprise : définition et fonctionnement

Cet article propose une définition simple de la micro-entreprise ainsi quun résumé de son fonctionnement et des obligations.

Définition micro-entreprise : La micro-entreprise est une entreprise individuelle dont le régime fiscal et social est très simplifié.

Autre définition micro-entreprise : La micro-entreprise est un régime simplifié qui remplace lancien régime de lauto-entreprise depuis le 1er janvier 2016.

  • Créer une micro-entreprise permet dêtre dispensé de tenir une comptabilité réelle.
  • Exercer en micro-entreprise nest soumis à aucune limite dans le temps.

Plafonds de chiffre d’affaires en micro-entreprise.

Définition : Le plafond de chiffre daffaires est le montant de recettes maximal pour pouvoir exercer en micro-entreprise.

Le régime de la micro-entreprise est soumis aux plafonds de chiffre daffaires suivants :

A noter : Suite à la réforme engagée par le gouvernement, les plafonds de la micro-entreprise vont augmenter au 1er janvier 2018 : les nouveaux plafonds sont les suivants :

  • 170 000 € pour la vente de marchandises,
  • 70 000 € pour les services ou la main d’œuvre,
  • 170 000 €dont 70 000 € de main d’œuvre pour les activités mixtes.

Les obligations en micro-entreprise.

Le fonctionnement et la définition de la micro-entreprise sont simples, mais ce type de structure juridique est soumis aux obligations suivantes :

  • Avoir un compte bancaire séparé (pas forcément un compte professionnel).
  • Tenir un cahier de recettes indiquant toutes les entrées d’argent.
  • Déclarer ses recettes tous les mois ou tous les trois mois.
  • Conserver les factures des dépenses.
  • Indiquer la mention obligatoire suivante sur les factures : Exonéré de TVA, art. 293-B du CGI.

Un outil de facturation Excel pour les micro-entrepreneurs (gratuit).

WikiCréa a créé un outil Excel gratuit et facile à utiliser pour établir devis et factures en micro-entreprise : cliquez ici pour y accéder.

Le paiement des cotisations sociales et de l’impôt sur le revenu en micro-entreprise.

Les cotisations sociales se paient sur la base dun pourcentage des recettes déclarées.

Limpôt sur le revenu peut se payer de deux manières différentes :


Guarantor financial definition of Guarantor #loan #for #business


#guarantor loans
#

Guarantor

Guarantor

A party who will guarantee repayment or performance of a covenant .

Guarantor

A third party who promises to provide payment on a bond. loan. or other liability in the event of default. While many guarantees apply to debt instruments. they may also be used for day-to-day expenses. For example, a parent may be a guarantor for an adult child and promise to pay rent to a rental agency if the adult child does not do it. Banks often serve as guarantors on behalf of certain clients, but, just as often, private parties serve as guarantors and promise payment on private loans. Guarantors reduce the risk to loans and liabilities, and usually improve the credit agency ratings of bonds.

Guarantor.

If lenders are concerned about your income, your credit history, or other risk factors when you apply for a loan, they may require a guarantor, or cosigner.

The guarantor signs the loan with you and agrees to pay your debt if you default. For example, lenders may fear that your income may not be high enough to meet your payments if you encounter any unexpected financial setbacks.

Laws governing who may serve as a guarantor vary from state to state. Some states require that your guarantor be a resident of the state where you’re obtaining the loan, while others will accept guarantors from out of state as well.



Definition of Guarantor Loans #compare #home #loans


#guarantor loans
#

Other People Are Reading

Basics

Like guarantors, co-borrowers or cosigners hold similar roles by minimizing a lender’s risk of extending credit. For instance, if a student received a Federal Stafford Loan and defaulted (did not pay in full), then the federal government will compensate the lender. Some federal student loans represent a type of guarantor loan as the federal government guarantees that lenders will be paid. Private student loans–those not guaranteed by the government–might require a cosigner before approving a loan. Hence, the student and the cosigner are responsible for paying the loan.

Significance

Friends and family members can serve as guarantors. Their credit ratings, assets, expenses and references often are evaluated to determine if they qualify. The advantage is that the applicant will receive financing when the guarantor is approved. However, if the applicant defaults or fails to pay the loan, then the guarantor can become liable for the debt.

Effects

When faced with mounting debts, some people file bankruptcy in lieu of paying their loans. Certain loans will not be discharged through bankruptcy, such as federal student loans. Another obstacle involves business loans, such as those made by a sole proprietorship. If a business owned by a single individual takes out a guarantor loan, then the owner might be personally liable for business debts. For instance, instead of turning to the guarantor, the business might forfeit personal assets, like real estate or cars, to satisfy the debt.

Features

Guarantor loans affect debt-to-income ratios for both applicants and guarantors. Thus, a guarantor might not be able to get another loan if a lender considers the total debt-to-income ratio (including guarantor loans) as too high or risky.

Considerations

Lenders have some discretion when deciding interest rates for guarantor loans. Interest rates generally correlate to the lender’s risk assessment. If a person is considered low-risk, then the best interest rates can be available. The interest rates used on guarantor loans will be affected by the guarantor’s credit. For instance, an applicant with poor credit might qualify for a lower interest rate based on the guarantor’s credit rating and income.



Mortgage Definition #best #personal #loan


#what is a loan
#

VIDEO

BREAKING DOWN ‘Mortgage’

In a residential mortgage, a home buyer pledges his or her house to the bank. The bank has a claim on the house should the home buyer default on paying the mortgage. In the case of a foreclosure. the bank may evict the home’s tenants and sell the house, using the income from the sale to clear the mortgage debt.

Mortgages come in many forms. With a fixed-rate mortgage, the borrower pays the same interest rate for the life of the loan. Her monthly principal and interest payment never change from the first mortgage payment to the last. Most fixed-rate mortgages have a 15- or 30-year term. If market interest rates rise, the borrower’s payment does not change. If market interest rates drop significantly, the borrower may be able to secure that lower rate by refinancing the mortgage. A fixed-rate mortgage is also called a “traditional” mortgage.

With an adjustable-rate mortgage (ARM), the interest rate is fixed for an initial term, but then it fluctuates with market interest rates. The initial interest rate is often a below-market rate, which can make a mortgage seem more affordable than it really is. If interest rates increase later, the borrower may not be able to afford the higher monthly payments. Interest rates could also decrease, making an ARM less expensive. In either case, the monthly payments are unpredictable after the initial term.

Other less common types of mortgages, such as interest-only mortgages and payment-option ARMs, are best used by sophisticated borrowers. Many homeowners got into financial trouble with these types of mortgages during the housing bubble years.



Definition of Business Finance #best #home #loan #rates #australia


#business financing
#

Definition of Business Finance

Business finance is the management of company capital. Individuals working in business finance seek viable sources of capital for a company, manage it so that the company performs well and report the financial information to company stakeholders.

Other People Are Reading

Business Financing

In the business field, financing refers to the way a company obtains capital to expand operations and purchase assets. There are two main forms of business financing. debt and equity. Debtors, like banks, bondholders and other lenders, lend a company money for a period of time. In return for the capital, the company promises to repay a certain amount of cash either in installments or in a lump sum at the end of the loan term. The business may also make periodic interest payments on the loan.

Tip

Credit cards are another form of short-term debt financing used by small businesses. Business News Daily notes that while credit cards are a convenient form of financing, it’s easy to spend more than you can pay back and the debt should be paid off quickly.

Alternatively, investors can issue a company capital in exchange for equity in the company. When an investor has equity, it means he owns part of the company. The first investor in a business often is the business owner, who may invest his own money into the business. When the company does well, the value of the equity increases, so the investor has an incentive to see the business succeed. The business may also issue dividends to equity holders.

Business Finance Departments and Divisions

Within business finance, there are many divisions. each with distinct roles and responsibilities. Business finance roles include:

  • Treasury is responsible for tracking cash flow and issuing payments so the company has enough money to meet its day-to-day obligations. Depending on how the business is structured, treasury also may manage capital fund raising, investment allocations and bank relations.
  • Financial Reporting generates and analyzes financial statements for managers and external parties.
  • Corporate Development makes decisions regarding business acquisitions, mergers and joint ventures.
  • Capital Planning analyzes the profitability of capital expenditures and large projects.
  • Internal Audit reviews and suggests improvements for operational and financial controls.
  • Tax ensures compliance with tax laws and structures transactions to avoid excess tax liability.

Create and Manage Growth

Some of business finance, like corporate development, treasury and capital budgeting, focus on creating sustainable growth for a company. Individuals in these positions need to have a strong understanding of financial risk, diversification and the time value of money in order to make the best possible decisions on how to allocate company resources.

Monitor and Report on Financial Health

Other parts of business finance, like financial reporting and some treasury roles, are dedicated to helping managers and investors understand business performance and monitor the company’s financial health. Individuals who work in financial reporting need to be well-versed in accounting theory, including budgeting and forecasting, in order to help interpret a company’s financial results.

Ensure Financial Compliance

Much of business finance also is focused around compliance. Tax, financial reporting and internal audit functions are all responsible for ensuring that a company complies with financial and operational rules and regulations set by governmental entites. Individuals in these positions need to have up-to-date knowledge of the tax code, generally accepted accounting principles and financial regulations such as the Dodd-Frank Act and Sarbanes-Oxley.



Limited government #definition #of #limited #government


#

Limited government

Limited government as defined, a type of government in which its functions and powers are prescribed, limited, and restricted by law. The U.S. Constitution provides the means of limited government whereby the people shall not be infringed upon by the government. That the government is given enumerated powers by the people. The role of the federal government is limited by the Delegated Powers set forth in Article I, Section 8 of the United States Constitution and by the Ninth and Tenth Amendments. The people and the states are the final authority in most matters. Limited government is libertarian. conservative in concept and is the basis of Republicanism. The power of the people, as opposed to federal power, enables the government to be kept in-check from authoritarian or totalitarian influences and defends the people’s interests from judicial activism and other undemocratic encroachments. Additional federal limitations can be found in the Bill of Rights. The Fourth, Fifth, Sixth and Seventh Articles of the Bill of Rights specify procedures designed to keep the government from acting arbitrarily or capriciously or unfairly.

The roots of limited government can be found in the Declaration of Independence. the self-evident or “unalienable rights” clause. Liberty is a blessing we have received from God himself and limited government is an extension of that right.

First, that all men are created equal; second, that they are endowed by their Creator with certain unalienable rights; and, third, that it is precisely in order to secure these rights that governments are instituted among men, deriving their just powers from the consent of the governed. [1]

Also as a basis of limited government, the English prescribed the Magna Carta in the eleventh century. This proclaims, “No free man shall be taken or imprisoned or dispossessed or outlawed or banished, or in any way destroyed. except by the legal judgment of his peers or by the law of the land.”

See also

References



What is BYOD Bring Your Own Device? Webopedia Definition #byod, #bring #your #own #device, #workplace, #it #security, #mobile #security, #mobile #connectivity, #firewall, #definition, #glossary, #dictionary


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BYOD – bring your own device

In the consumerization of IT. BYOD, or bring your own device. is a phrase that has become widely adopted to refer to employees who bring their own computing devices such as smartphones. laptops and tablets to the workplace for use and connectivity on the secure corporate network .

BYOD Security

Today, employees expect to use personal smartphones and mobile devices at work, making BYOD security a concern for IT teams. Many corporations that allow employees to use their own mobile devices at work implement a BYOD security policy that clearly outlines the company’s position and governance policy to help IT better manage these devices and ensure network security is not compromised by employees using their own devices at work.

BYOD security can be addressed by having IT provide detailed security requirements for each type of personal device that is used in the workplace and connected to the corporate network. For example, IT may require devices to be configured with passwords, prohibit specific types of applications from being installed on the device or require all data on the device to be encrypted. Other BYOD security policy initiatives may include limiting activities that employees are allowed to perform on these devices at work (e.g. email usage is limited to corporate email accounts only) and periodic IT audits to ensure the device is in compliance with the company’s BYOD security policy.

BYOD VoIP Subscription

Another common use of the phrase BYOD is connected to the VoIP industry, and the phrase is used to describe a specific type of VoIP subscription or plan. Subscribers who have their own VoIP device (a SIP -capable device) when signing up for a VoIP service will usually be able to take advantage of a cheaper subscription plan when they use BYOD however not all VoIP service providers will offer special rate plans for subscribers with their own equipment. If the BYOD subscription is unavailable through a VoIP provider you will need to use the provider’s equipment instead of your own.

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BYON – Bring Your Own Network

From A3 to LOL and ZZZ this guide lists 1,500 text message and online chat abbreviations to help you translate and understand today’s texting. Read More

From keyword analysis to backlinks and Google search engine algorithm updates, our search engine optimization glossary lists 85 SEO terms you need. Read More

Microsoft Windows is a family of operating systems for personal computers. In this article we look at the history of Microsoft operating. Read More

Learn about each of the five generations of computers and major technology developments that have led to the computing devices that we use. Read More

Computer architecture provides an introduction to system design basics for most computer science students. Read More

Networking fundamentals teaches the building blocks of modern network design. Learn different types of networks, concepts, architecture and. Read More



Consumer Loan Law – Legal Definition #loans #calculator


#consumer loans
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Consumer Loan Law Legal Definition

Consumer loan means a secured or unsecured loan given to customers for personal, family, or household purposes, or for consumable items such as a car, boat, manufactured home, home equity loan, home equity line of credit, signature loan, signature line of credit, and recreational vehicle. It is usually given on the basis of borrower’s integrity and ability to pay. It is also called as consumer lending, consumer credit, or retail lending.

Consumer loans must comply with the consumer protection regulation and they are monitored by government regulatory agencies. Consumer loan does not include mortgage loans used for home purchases and commercial loans.

The term consumer loan is defined under Cal Fin Code 4970 (d) as a consumer credit transaction that is secured by real property located in this state, used or intended to be used or occupied, as the principal dwelling of the consumer that is improved by a one-to-four residential unit. “Consumer loan” does not include a reverse mortgage, an open line of credit, or a consumer credit transaction that is secured by rental property or second homes. “Consumer loan” does not include a bridge loan. For purposes of this division, a bridge loan is any temporary loan, having a maturity of one year or less, for the purpose of acquisition or construction of a dwelling intended to become the consumer’s principal dwelling.



Define ddos attack #attack, #online #dictionary, #english #dictionary, #attack #definition, #define #attack, #definition #of #attack, #attack #pronunciation, #attack #meaning, #attack #origin, #attack #examples


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attack

1, 4. defend. 9. defense.

See more antonyms for attack

Which Word When

1. Attack, assail, assault, molest all mean to set upon someone forcibly, with hostile or violent intent. Attack is the most general word and applies to a beginning of hostilities, especially those definitely planned: to attack from ambush. Assail implies vehement, sudden, and sometimes repeated attack: to assail with weapons or with gossip. Assault almost always implies bodily violence: to assault with intent to kill. To molest is to harass, to threaten, or to assault: He was safe, and where no one could molest him.

Translate

see translations for attack

Examples from the News

  • As soon as this attack [happened], Paris citizens came together to show were are not afraid, we are Charlie Hebdo.

France Kills Charlie Hebdo Murderers

  • It was also an attack on our freedom of expression and way of life.
    Politicians Only Love Journalists When They re Dead
  • Opponents of Muslims and immigrants across the continent are claiming vindication in the aftermath of the Charlie Hebdo attack.

    Barbie Latza Nadeau

    Europe’s Islam Haters Say We Told You So

  • An attack on journalists anywhere is an attack on civil society everywhere.
    Why We Stand With Charlie Hebdo—And You Should Too
  • That is why The Daily Beast stands with Charlie Hebdo and published their controversial covers in the wake of the attack.

    Why We Stand With Charlie Hebdo—And You Should Too

  • Examples

    • The strong man must at all times be alert to the attack of insidious disease.

    United States Presidents Inaugural Speeches

  • He saw now the meaning of the manner in which Allister and Clune made their attack.
    Way of the Lawless
  • The others leave you alone except you attack them; then they show fight.
    Weighed and Wanting
  • These attack you—but run—at least the tiger, not the elephant, when you go out after him.
    Weighed and Wanting
  • There is no disease bold enough to dare to attack the person of a doctor.

    The Imaginary Invalid



  • Define Your Attitude at Work is Crucial for Your Success #define #your #attitude,definition #of #attitude,attitude #for #success,success #attitude,attitude


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    Did You Define Your Attitude
    at Work?

    The most important thing to do as you begin your new career is to define your attitude towards work. How will it contribute towards your career? How will it add value to your role as a career builder?

    How do you define attitude? According to The Advanced Learner’s Dictionary of Current Englishattitude is defined as “a way of looking at life; a way of thinking, feeling or behaving.” Therefore an attitude is not just the way we think, but the way we think, feel and do.

    You may have your entire career plan worked out, but if you do not define your attitude to build its foundation on, then before long your plan will crumble. That’s not to say a career plan is not important. In fact, it is very important inachieving career success .

    What you need to understand is that a positive attitude is even more important. So how do you define your attitude at work? For me, to define your attitude at work means deciding the values that would guide me in my working environment.

    Somewhere in my career after tonnes of self-improvement books I have read, I decided I needed to define my attitude towards my career. I decided that these three values would be my clear defined attitude towards my career.

    1. Pride
    I know this is a tricky word. It connotes arrogance especially when one has too high an opinion of oneself. Personally, in defining my attitude – “Pride” is taken to mean self-dignity. Pride prevents you from doing just enough to get by. If you know everything you do at work has your name and signature on it, then you will give it your best shot and nothing less.

    2. Passion
    Just a simple plain ‘interest’ in any work or career you choose isn’t enough to bring you through the tough times. And trust me, there will be tough times. It could be an unreasonable client or an impossible time-line. However, a burning desire will pull you through these. An intense enthusiasm for all things worth doing will pull you through the toughest times.

    3. Belief
    In order to generate passion, it is important to believe. Only a deep believe will create the vigour and force that gives you the fuel to charge. Know that you can achieve all that you set out to do for yourself. You only need to start believing in yourself.

    What is your defined attitude you take towards your work? Write them down and begin practicing.

    More Articles Related to Define Your Attitude at Work

    Positive Attitude At Work. Common Expectations from Bosses To Get You Promoted
    How do you build positive attitude at work to get you noticed by your bosses and appreciated by your colleagues?

    Positive Attitude in the Workplace for Newbies Seeking Career Success
    Your positive attitude in the workplace determines how far you can go in your career. Have you thought about what are some of your positive attitudes at work?

    Discovering The Right Attitude For Career Success – 7 Straightforward Strategies For The New Executive
    As a new executive in the workforce, you need to find the right attitude for career success. Here are 7 straightforward strategies to help you enhance your career.

    Developing Positive Attitude at Work
    Developing positive attitude at work can determine how successful you are in your career. However, this can be tough especially when things seem to go wrong all the time.

    Work Attitude Values Enhancement – Your Personal Principles
    Some companies conduct work attitude values enhancement programs for their employees. As a newbie, you can use these values as your own personal work attitude values enhancement principle.

    Positive Work Behaviors: 8 Straightforward Tips For Moving Up The Corporate Ladder
    Many of us fail to see that simple positive work behaviors practiced early can help in moving up the corporate ladder. Here are 8 new tips for making that career head start.

    Joy At Work – 7 Ways Find Joy And Peace At Work
    How do you find joy at work? Work is after all what it means. Work. It’s not supposed to be fun?

    Famous Attitude Quotes To Inspire You
    A compilation of over 100 positive attitude quotes by famous persons.

    Understanding the Difference between Work Attitude Behavior and Work Behavior Attitude
    Work attitude behavior and work behavior attitude is not necessarily the same. Why is it important to understand the difference?

    Your Definition of Attitude Determines How Successful You Are In Your Career
    Your definition of attitude determines your career altitude. What is the approach you take towards your career?

    Work Attitude – Pick A Simple One And Start Working On It
    Work attitude is often seen as a key determinant of your career success. Which work attitude should you work on?

    Why Do You Need To Define Your Attitude Towards Work?
    You may have your entire career plan worked out, but if you do not define your attitude to build its foundation on, then before long your plans will crumble.



    What Is a Payday Loan? Definition and Dangers #paycheck #loans


    #pay day loan
    #

    What Is a Payday Loan?

    By Miriam Caldwell. Money in Your 20s Expert

    Miriam Caldwell is a freelance writer with a specialty in personal finance. She believes that you can lay a solid foundation by starting to manage your finances in your twenties.

    Payday loan businesses cause customers to become reliant on them because they charge large fees, and expect quick repayment of the money. This can make it difficult for a borrower to pay off the loan and still be able to meet monthly expenses. Many borrowers have loans at several different payday loan businesses. which worsens the situation.

    Payday loans should be avoided at all costs. If you need help turn to other sources first. Some credit unions and banks have begun to offer a similar service, but at much lower interest rates .

    If you have been using payday loans. you need to stop immediately. You may need to make partial payments on your loans so you can begin to stop the cycle. You should make sure that you have food, pay your rent or house payment, and keep your power on. Then everything else should go to breaking the cycle.

    This is similar to having constant late payments or overdraft charges from your bank.



    List of felony crimes #aggravated #dui #definition


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    Most common felony crimes

    What are the most common felonies committed in the US? What are common punishments for these felonies? A list of the 20 most common felonies in the US.

    Felonies are serious crimes – if you are facing a felony or know somebody who is you should definitely seek professional legal help. A felony charge can stay with you for the rest of your life – it can keep you from getting a job, establishing a credit, result in jail or prison and, if the felony is serious enough, even cost you your life.

    If you do have a criminal history you should look into having it expunged. When a felony or misdemeanor is expunged it is like it never happened – it is erased. Not all convictions can be expunged (and different states have different rules when it comes to expungement ).

    (1) Drug abuse violations 1,841,182
    (2) Driving while Intoxicated 1,427,494 (aka Felony DUI )
    (3) Property crime 1,610,088 (includes burglary, larceny, theft, motor vehicle theft, and arson.)
    (4) Larceny-theft 1,172,762
    (5) Assault 1,305,693
    (6) Disorderly conduct 709,105
    (7) Liquor laws 633,654
    (8) Violent crime 597,447 (including murder, non-negligent manslaughter, forcible rape, robbery, aggravated assault.
    (9) Drunkenness 589,402
    (10) Aggravated assault 433,945
    (11) Burglary 303,853
    (12) Vandalism 291,575
    (13) Fraud 252,873
    (14) Weapons violations (carrying or possession) 188,891
    (15) Curfew and loitering 143,002
    (16) Robbery 126,715
    (17) Offenses against family and children 122,812
    (18) Stolen property (buying, receiving, possession) 122,061
    (19) Motor vehicle theft 118,231
    (20) Forgery and counterfeiting 103,448

    The Uniform Crime Reports collects data on crimes and arrests reported by law enforcement authorities to the Federal Bureau of Investigation. Not all law enforcement agencies provide information, so some figures are estimated by the F.B.I. According to the U. C. R. in 2007 aggravated assault accounted for 60.8% of all violent crimes committed in the U.S. Robbery comprised 31.6%; forcible rape, 6.4%, murder, 1.2%. In 2007, every 466.9 persons per 100,000 were victims of a violent crime. Overall, violent crime went down 0.7% from the previous year.

    Felony crimes are serious crimes that include burglary and murder. Class 1 is the most serious classification, which can result in a minimum life sentence in prison, and a maximum penalty of death. Class 2 felonies can result in life imprisonment, or a minimum of 20 years imprisonment. Class 3 felonies can result in imprisonment of 5-20 years. Class 4 felonies can result in imprisonment of 2-10 years. Class 5 felonies can result in imprisonment of up to 1-10 years in prison, or jail of up to 12 months. A Class 6 felony can result in a minimum prison sentence of one year. Minimum sentences are part of the U.S. Penal code, but each state can impose additional imprisonment, fines or both. (Cornell School of Law)

    Also, felons lose many of their civil rights. The right to run for government office, join the military, and vote can be taken away. Felons may lose their drivers licenses through suspension or revocation. Prospective employers have the right to inquire about any felony convictions, and can even require insurance coverage in the way of a surety bond provided by the employee. Many insurance companies will not insure convicted felons, making it difficult for convicted felons to find work.

    According to Crime in the U.S. and the U.S. Department of Justice, the top 20 crimes in order are:

    Sources:
    The Uniform Crime Report
    Cornell School of Law
    Crime in the U.S. and the U.S. Department of Justice

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    Insurance Premium Definition #insurance #premium #definition


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    Insurance Premium

    What is an ‘Insurance Premium’

    An insurance premium is the amount of money that an individual or business must pay for an insurance policy. The insurance premium is considered income by the insurance company once it is earned, and also represents a liability in that the insurer must provide coverage for claims being made against the policy.

    BREAKING DOWN ‘Insurance Premium’

    The amount of insurance premium that is required for insurance coverage depends on a variety of factors. Insurance companies examine the type of coverage, the likelihood of a claim being made, the area where the policyholder lives or operates a business, the behavior of the person or business being covered, and the amount of competition that the insurer faces.

    Actuaries employed by an insurance company can determine, for example, the likelihood of a claim being made against a teenage driver living in an urban area compared to one in a suburban area. In general, the greater the risk associated with a policy the more expensive the insurance policy will be.

    Policyholders are often given a number of options when it comes to paying an insurance premium. Some insurers allow the policyholder to pay the insurance premium in installments, for example monthly or semi-annual payments, or may require the policyholder to pay the total amount before coverage starts.

    Insurance premiums may increase after the policy period ends. The insurer may increase the premium if claims were made during the previous period, if the risk associated with offering a particular type of insurance increases, or if the cost of providing coverage increases.

    Insurers use the insurance premium to cover the liabilities associated with the policies that they underwrite, as well as to invest the premium in order to generate higher returns. Insurers will invest the premiums in assets with varying levels of liquidity and return, with the amount of liquid assets often set by state insurance regulators. Regulators want to make sure that policyholders will be able to have their claims paid for, and thus require insurers to retain adequate reserves.



    General Liability Insurance Definition – Understand General Liability Insurance Definitions #general #liability #insurance #definition, #general #liability #insurance, #liability #insurance, #commercial #liability #insurance, #restaurant #liability #insurance, #small #business #liability #insurance, #general #liability #insurance #quotes


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    General Liability Insurance

    General Liability Insurance Definition

    A general liability insurance definition clarifies the differences between this form of coverage and other types of liability insurance. When you’re looking for coverage to protect your company against losses due to litigation, you’ll find that there are a number of plans that insure commercial entities. Each of these plans meets the needs of different types of businesses. Use the resources on this website to learn about the definition of different forms of protection for businesses.

    The general liability insurance definition refers to a plan that insures your business against lawsuits due to bodily injury, personal injury, property loss or advertising injury. If a complaint goes to court, your insurance benefits would pay for your legal fees and for damages awarded to the plaintiff. General liability insurance secures your business’s financial assets when you are involved in litigation due to an accident or mishap.

    Covered General Liability Risks

    The general liability insurance definition encompasses bodily injuries. If one of your clients, guests, vendors or even a trespasser is injured on your premises, you may be held legally responsible for their medical expenses. Some businesses choose to extend their general liabilities protection with a no-fault medical payments plan, which pays for minor medical care in order to avoid litigation.

    Property losses are included in the general liability insurance definition. If a fire breaks out at your workplace and a neighboring building is destroyed, you may be held liable. Property damage may be significant if an occurrence has widespread effects. By definition, your plan should pay benefits to defend you against lawsuits resulting from these occurrences.

    If a customer or member of the public feels that you breached their privacy or harmed their reputation through false advertising, you could be sued for personal or advertising injuries, according to the general liability insurance definition. Personal and advertising injuries are not always easy to define. In order to be awarded damages, a plaintiff must prove that the injuries occurred as a result of something your business did. However, you may still pay considerable legal fees defending your company.

    Businesses that Need General Coverage

    According to the general liability insurance definition, any commercial organization that offers a product or service to the public can benefit from this form of insurance. A large or small business involved in retail, hospitality, manufacturing, production and assembly or other industries can reinforce its risk management strategy with adequate coverage against liabilities.

    In today’s litigious environment, lawsuits can have a devastating effect on your company’s financial future, especially if you live in a state where the preponderance of commercial cases are decided in the plaintiff’s favor. Although you can’t change this aspect of the court system, you can reduce your exposure to liabilities by making your work place as safe and secure as possible.

    Errors and omissions committed by a highly trained professional in private practice are not included in the general liability insurance definition. These occurrences, which may fall under the definition of negligence, are covered by professional liability insurance policies. In general, counselors, therapists, medical consultants, architects and other professionals who offer solutions or advice require professional liability insurance.

    Purchasing General Liability Protection

    A company has the option to purchase property and liabilities protection in a single package, called a business owners policy, or BOP. However, the general liability insurance definition is limited to policies that focus exclusively on protecting your business against the financial effects of litigation. By definition, this type of coverage is more extensive and has more versatile applications for your organization.

    The internet makes it easy for you to compare quotes from different providers and investigate the definition of each plan they have available for businesses like yours. If the definition of a covered risk or benefit mentioned in your contract isn’t clear, ask your broker or a company representative to clarify it for you. When you’re investing in this important form of protection, it’s crucial to understand the terms of your agreement so that you can get the most value from your plan.

    Over time, if your business doesn’t file very many claims, you may be eligible for a reduction in the cost of your plan. Reducing claims can often be accomplished by implementing simple precautions like keeping stairways free from clutter, repairing broken fixtures immediately and keeping your floors free from spills. Talk with your insurer about easy-to-implement risk management strategies that can save your company thousands of dollars in litigation costs.

    Once you understand how the general liability insurance definition differs from other policies, you’ll know whether this type of contract meets your company’s requirements. A broker or agent can work with you to find protection that suits the size and nature of your organization. Take advantage of the tools on this website to secure the best form of coverage for your company.



    Cure d – tox: d – finition #detoxification #definition


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    Pour un corps purifi

    Nous absorbons quotidiennement de multiples toxiques qui, ann es apr s ann es, encrassent notre organisme.

    Pour fonctionner, notre organisme produit de l’ nergie, mais aussi des d chets, que nous accumulons, ann es apr s ann es. Ces d chets sont ce que l’on appelle des toxines. Comme si cela ne suffisait pas, nous ingurgitons, plus ou moins consciemment, des produits toxiques qui viennent galement encrasser nos cellules. alcool, drogue, caf ine, nicotine, pesticides et autres polluants, graisses satur es, sucres, colorants, et bien d’autres. Celles-ci acc l rent le vieillissement et affaiblissent notre r sistance naturelle. Les signes de faiblesse de l’organisme et de sa surcharge en toxines sont notamment la fatigue, les maux de t te, les allergies, les indigestions, les probl mes de dos, l’insomnie, la constipation, ou encore les probl mes dermatologiques.

    Moins drastique que le jeûne, la cure détox est une alternative douce qui permet de libérer le corps de ses toxines, d’am liorer votre sant , mais aussi vos facult s de concentration, de m morisation, et d’un point de vue esth tique, d’embellir et de rafra chir votre teint. Alors pourquoi s’en priver ?

    Vous pouvez vous offrir une cure d tox ponctuellement, mais aussi essayer de modifier vos habitudes alimentaires pour limiter l’absorption de toxines et renforcer le processus de d toxication naturel. Ainsi, r duisez autant que possible votre consommation d’alcool, de caf ine, de nicotine, et des toxiques pr -cit s. A l’inverse, privil giez les aliments connus pour leur action d tox comme la pomme, l’avocat, l’artichaut, la betterave, le chou, l’ail, le kiwi, les pruneaux, les algues, le cresson.

    Au quotidien. 8 r gles d’or

    Buvez volont

    Buvez beaucoup d’eau, sous toutes ses formes (plate, gazeuse, variez les plaisirs), mais aussi th , tisanes, soupes, bouillons, jus de fruit (100 % fruit uniquement). Au r veil, commencez la journ e par un grand verre d’eau.

    Bannissez les aliments raffin s

    Exit les beurres et fromages all g s, les pains blancs ou en sachet, pr f rez les aliments complets, mais avec mod ration. Le must. le pain int gral (farine de seigle, millet, peautre), mais aussi le pain complet, de son, de seigle, aux c r ales. Idem pour le sucre (essayez le miel !), le riz, la farine, etc. Et encore une fois, variez.

    Mangez al dente

    L’index glyc mique des p tes al dente est tout fait raisonnable. Alors limitez le temps de cuisson, cela ne demande pas beaucoup d’effort.

    Le massage-gommage acc l re l’ limination des toxines par la stimulation de la circulation

    Faites-vous r guli rement (une fois par semaine est un bon rythme) un brossage corporel avec un gant de massage par d’amples mouvements en direction du cœur. Cela accélère l’élimination des toxines par la stimulation de la circulation.

    Une bonne oxygénation alimente le sang et les cellules et nettoie les glandes et les organes. Elle r tablit le fonctionnement du diaphragme et rem die l’a rophagie. Soufflez lentement, le plus longtemps possible, plusieurs fois par jour.

    Adoptez une bonne hygi ne de vie

    Elle passe par une meilleure alimentation bien s r, mais aussi par la pratique d’une activit sportive. Le sport permet de br ler les graisses et les sucres du sang produits par la digestion. En plus de vous faire un corps plus ferme, il aide le d barrasser de ses toxines. Essayez de bien dormir en respectant votre rythme de sommeil, et de g rer votre stress.

    Faites le plein de vitamines

    Indispensables pour retrouver tonus et vitalit . Vitamines C, A. E, Omega 3. elles sont toutes essentielles pour booster vos d fenses immunitaires, votre m moire, lutter contre le vieillissement de la peau et pr server votre sant cardio-vasculaire.

    N’abusez pas de la d tox !

    Vous pouvez utiliser ces conseils tout au long de l’ann e. En revanche, les cures d tox (voir 3 programmes sur mesure ) proprement parler sont tr s restrictives. Elles sont tudi es pour une dur e limit e, alors n’en abusez pas, vous risqueriez de fatiguer votre organisme.



    Definition of Business Finance #paying #for #college


    #business financing
    #

    Definition of Business Finance

    Business finance is the management of company capital. Individuals working in business finance seek viable sources of capital for a company, manage it so that the company performs well and report the financial information to company stakeholders.

    Other People Are Reading

    Business Financing

    In the business field, financing refers to the way a company obtains capital to expand operations and purchase assets. There are two main forms of business financing. debt and equity. Debtors, like banks, bondholders and other lenders, lend a company money for a period of time. In return for the capital, the company promises to repay a certain amount of cash either in installments or in a lump sum at the end of the loan term. The business may also make periodic interest payments on the loan.

    Tip

    Credit cards are another form of short-term debt financing used by small businesses. Business News Daily notes that while credit cards are a convenient form of financing, it’s easy to spend more than you can pay back and the debt should be paid off quickly.

    Alternatively, investors can issue a company capital in exchange for equity in the company. When an investor has equity, it means he owns part of the company. The first investor in a business often is the business owner, who may invest his own money into the business. When the company does well, the value of the equity increases, so the investor has an incentive to see the business succeed. The business may also issue dividends to equity holders.

    Business Finance Departments and Divisions

    Within business finance, there are many divisions. each with distinct roles and responsibilities. Business finance roles include:

    • Treasury is responsible for tracking cash flow and issuing payments so the company has enough money to meet its day-to-day obligations. Depending on how the business is structured, treasury also may manage capital fund raising, investment allocations and bank relations.
    • Financial Reporting generates and analyzes financial statements for managers and external parties.
    • Corporate Development makes decisions regarding business acquisitions, mergers and joint ventures.
    • Capital Planning analyzes the profitability of capital expenditures and large projects.
    • Internal Audit reviews and suggests improvements for operational and financial controls.
    • Tax ensures compliance with tax laws and structures transactions to avoid excess tax liability.

    Create and Manage Growth

    Some of business finance, like corporate development, treasury and capital budgeting, focus on creating sustainable growth for a company. Individuals in these positions need to have a strong understanding of financial risk, diversification and the time value of money in order to make the best possible decisions on how to allocate company resources.

    Monitor and Report on Financial Health

    Other parts of business finance, like financial reporting and some treasury roles, are dedicated to helping managers and investors understand business performance and monitor the company’s financial health. Individuals who work in financial reporting need to be well-versed in accounting theory, including budgeting and forecasting, in order to help interpret a company’s financial results.

    Ensure Financial Compliance

    Much of business finance also is focused around compliance. Tax, financial reporting and internal audit functions are all responsible for ensuring that a company complies with financial and operational rules and regulations set by governmental entites. Individuals in these positions need to have up-to-date knowledge of the tax code, generally accepted accounting principles and financial regulations such as the Dodd-Frank Act and Sarbanes-Oxley.



    What Is Public Cloud? Webopedia Definition #public #cloud, #public #cloud #definition, #public #clouds, #cloud #computing #define, #webopedia, #glossary, #dictionary, #encyclopedia, #it, #small #business #tech


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    public cloud

    Related Terms

    A form of cloud computing in which a company relies on a third-party cloud service provider for services such as servers. data storage and applications, which are delivered to the company through the Internet. A public cloud can free companies from the potentially expensive costs of having to purchase, manage and maintain on-premises hardware and software infrastructure.

    Public clouds can also typically be deployed much faster and with more scalability and accessibility than on-premises infrastructure as a result of the public cloud provider s expertise and existing infrastructure. Public cloud subscribers may pay pay-as-you-go fees or fixed monthly fees for the public cloud services they utilize.

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    What is Dial-Up Networking? Webopedia Definition #dial-up #networking #definition, #dial-up #networking, #define, #define #dial-up #networking, #define, #webopaedia, #webopedia, #glossary, #dictionary, #encyclopedia


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    Dial-Up Networking

    Related Terms

    A component in Windows 95 (and Windows 98 ) that enables you to connect your computer to a network via a modem. If your computer is not connected to a LAN and you want to connect to the Internet. you need to configure Dial-Up Networking (DUN) to dial a Point of Presence (POP) and log into your Internet Service Provider (ISP). Your ISP will need to provide certain information, such as the gateway address and your computer’s IP address.

    You access DUN through the My Computer icon. You can configure a different profile (called a connectoid ) for each different online service you use. Once configured, you can copy a connectoid shortcut to your desktop so that all you need to do to make a connection is double-click the connectoid icon.

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    Mortgage Definition #loan #modification #calculator


    #what is a loan
    #

    VIDEO

    BREAKING DOWN ‘Mortgage’

    In a residential mortgage, a home buyer pledges his or her house to the bank. The bank has a claim on the house should the home buyer default on paying the mortgage. In the case of a foreclosure. the bank may evict the home’s tenants and sell the house, using the income from the sale to clear the mortgage debt.

    Mortgages come in many forms. With a fixed-rate mortgage, the borrower pays the same interest rate for the life of the loan. Her monthly principal and interest payment never change from the first mortgage payment to the last. Most fixed-rate mortgages have a 15- or 30-year term. If market interest rates rise, the borrower’s payment does not change. If market interest rates drop significantly, the borrower may be able to secure that lower rate by refinancing the mortgage. A fixed-rate mortgage is also called a “traditional” mortgage.

    With an adjustable-rate mortgage (ARM), the interest rate is fixed for an initial term, but then it fluctuates with market interest rates. The initial interest rate is often a below-market rate, which can make a mortgage seem more affordable than it really is. If interest rates increase later, the borrower may not be able to afford the higher monthly payments. Interest rates could also decrease, making an ARM less expensive. In either case, the monthly payments are unpredictable after the initial term.

    Other less common types of mortgages, such as interest-only mortgages and payment-option ARMs, are best used by sophisticated borrowers. Many homeowners got into financial trouble with these types of mortgages during the housing bubble years.



    Mortgage – Definition and Different Types #refinance #student #loans


    #mortgage loan
    #

    Mortgage

    By Justin Pritchard. Banking/Loans Expert

    Justin Pritchard helps consumers navigate the world of banking.

    A mortgage is an agreement that allows a lender to seize property when a borrower fails to pay.

    What does that mean in the real world? In most cases, the term mortgage is used to refer to a home loan: if you don’t pay the loan as agreed, your lender can foreclose on the property.

    In real estate, agreements need to be in writing, so a mortgage is a document that gives your lender the right to foreclose on your home.

    Mortgages Make it Possible

    Real estate is expensive. Most people don’t have enough cash on hand to purchase a home with savings, so they borrow money. Banks realize this, and they’re in the business of charging interest on loans, so they offer real estate loans. But the only way to get those loans – the only way the bank will give you hundreds of thousands of dollars – is to use collateral .

    When you pledge the property as collateral (by using a mortgage agreement), the bank is protected against your failure to pay.

    Mortgages are often used by consumers, but businesses can also purchase property with a mortgage.

    Types of Mortgages

    You might hear about several different types of mortgages. Again, if you want to be a stickler, we’re talking about different types of loans – not different types of mortgages (because the mortgage is simply the part that says they can foreclose if you don’t pay the loan in question).

    Continue Reading Below

    Fixed-rate mortgages are the simplest type of loan. Given a loan amount, an interest rate. and a number of years to repay the loan, your lender calculates a fixed monthly payment. You’ll make that exact same payment for the entire term of the loan (unless you pay more than is required or refinance the loan ). Fixed rate mortgages typically last for 30 or 15 years, although other terms are not unheard of.

    Learn more about how to calculate mortgage payments and how the different inputs affect your payment.

    Adjustable rate mortgages are similar, but the interest rate can change at some point. When that happens, your monthly payment also changes – for better or worse. Rates typically change after several years, and there are some limits as to how much the rate can change.

    Second mortgages allow you to add another mortgage and borrow more money. Your second mortgage lender is “in second position,” meaning they only get paid if there’s money left over after the first mortgage holder gets paid.

    Reverse mortgages provide income to people who have sufficient equity in their homes. Retirees sometimes use a reverse mortgage to supplement income or to get cash out of homes that they paid off long ago.

    To Mortgage – What does it Mean?

    Now that you understand what a mortgage is, it might make sense when you hear that somebody had to mortgage something. The idea is that they wanted something valuable, and they had to pledge something else valuable in order to get the thing they wanted.



    Definition of Business Finance #no #credit #check #loans


    #business financing
    #

    Definition of Business Finance

    Business finance is the management of company capital. Individuals working in business finance seek viable sources of capital for a company, manage it so that the company performs well and report the financial information to company stakeholders.

    Other People Are Reading

    Business Financing

    In the business field, financing refers to the way a company obtains capital to expand operations and purchase assets. There are two main forms of business financing. debt and equity. Debtors, like banks, bondholders and other lenders, lend a company money for a period of time. In return for the capital, the company promises to repay a certain amount of cash either in installments or in a lump sum at the end of the loan term. The business may also make periodic interest payments on the loan.

    Tip

    Credit cards are another form of short-term debt financing used by small businesses. Business News Daily notes that while credit cards are a convenient form of financing, it’s easy to spend more than you can pay back and the debt should be paid off quickly.

    Alternatively, investors can issue a company capital in exchange for equity in the company. When an investor has equity, it means he owns part of the company. The first investor in a business often is the business owner, who may invest his own money into the business. When the company does well, the value of the equity increases, so the investor has an incentive to see the business succeed. The business may also issue dividends to equity holders.

    Business Finance Departments and Divisions

    Within business finance, there are many divisions. each with distinct roles and responsibilities. Business finance roles include:

    • Treasury is responsible for tracking cash flow and issuing payments so the company has enough money to meet its day-to-day obligations. Depending on how the business is structured, treasury also may manage capital fund raising, investment allocations and bank relations.
    • Financial Reporting generates and analyzes financial statements for managers and external parties.
    • Corporate Development makes decisions regarding business acquisitions, mergers and joint ventures.
    • Capital Planning analyzes the profitability of capital expenditures and large projects.
    • Internal Audit reviews and suggests improvements for operational and financial controls.
    • Tax ensures compliance with tax laws and structures transactions to avoid excess tax liability.

    Create and Manage Growth

    Some of business finance, like corporate development, treasury and capital budgeting, focus on creating sustainable growth for a company. Individuals in these positions need to have a strong understanding of financial risk, diversification and the time value of money in order to make the best possible decisions on how to allocate company resources.

    Monitor and Report on Financial Health

    Other parts of business finance, like financial reporting and some treasury roles, are dedicated to helping managers and investors understand business performance and monitor the company’s financial health. Individuals who work in financial reporting need to be well-versed in accounting theory, including budgeting and forecasting, in order to help interpret a company’s financial results.

    Ensure Financial Compliance

    Much of business finance also is focused around compliance. Tax, financial reporting and internal audit functions are all responsible for ensuring that a company complies with financial and operational rules and regulations set by governmental entites. Individuals in these positions need to have up-to-date knowledge of the tax code, generally accepted accounting principles and financial regulations such as the Dodd-Frank Act and Sarbanes-Oxley.



    Mortgage – Definition and Different Types #car #loan #payment


    #mortgage loan
    #

    Mortgage

    By Justin Pritchard. Banking/Loans Expert

    Justin Pritchard helps consumers navigate the world of banking.

    A mortgage is an agreement that allows a lender to seize property when a borrower fails to pay.

    What does that mean in the real world? In most cases, the term mortgage is used to refer to a home loan: if you don’t pay the loan as agreed, your lender can foreclose on the property.

    In real estate, agreements need to be in writing, so a mortgage is a document that gives your lender the right to foreclose on your home.

    Mortgages Make it Possible

    Real estate is expensive. Most people don’t have enough cash on hand to purchase a home with savings, so they borrow money. Banks realize this, and they’re in the business of charging interest on loans, so they offer real estate loans. But the only way to get those loans – the only way the bank will give you hundreds of thousands of dollars – is to use collateral .

    When you pledge the property as collateral (by using a mortgage agreement), the bank is protected against your failure to pay.

    Mortgages are often used by consumers, but businesses can also purchase property with a mortgage.

    Types of Mortgages

    You might hear about several different types of mortgages. Again, if you want to be a stickler, we’re talking about different types of loans – not different types of mortgages (because the mortgage is simply the part that says they can foreclose if you don’t pay the loan in question).

    Continue Reading Below

    Fixed-rate mortgages are the simplest type of loan. Given a loan amount, an interest rate. and a number of years to repay the loan, your lender calculates a fixed monthly payment. You’ll make that exact same payment for the entire term of the loan (unless you pay more than is required or refinance the loan ). Fixed rate mortgages typically last for 30 or 15 years, although other terms are not unheard of.

    Learn more about how to calculate mortgage payments and how the different inputs affect your payment.

    Adjustable rate mortgages are similar, but the interest rate can change at some point. When that happens, your monthly payment also changes – for better or worse. Rates typically change after several years, and there are some limits as to how much the rate can change.

    Second mortgages allow you to add another mortgage and borrow more money. Your second mortgage lender is “in second position,” meaning they only get paid if there’s money left over after the first mortgage holder gets paid.

    Reverse mortgages provide income to people who have sufficient equity in their homes. Retirees sometimes use a reverse mortgage to supplement income or to get cash out of homes that they paid off long ago.

    To Mortgage – What does it Mean?

    Now that you understand what a mortgage is, it might make sense when you hear that somebody had to mortgage something. The idea is that they wanted something valuable, and they had to pledge something else valuable in order to get the thing they wanted.



    Unsecured Loan Definition – Example #loan #company


    #unsecured loan
    #

    What it is:

    An unsecured loan is debt that does not have any collateral attached.

    How it works/Example:

    Let’s assume you would like to borrow $100,000 to start a business. Even if you have an excellent credit rating. a bank may be reluctant to lend you the money because it may be left with nothing if you default on the loan. Thus, although banks may attempt the lengthy and expensive process of suing you in that circumstance, the bank may require $100,000 of collateral — security — in order to lend you the money. This collateral might consist of financial instruments, houses, cash. or even objects such as art, jewelry or other items. You might also pledge your business receivables as well. When you pledge these assets, you are collateralizing the loan .

    If you in fact default on the loan, the loan agreement gives the lender the right to seize, then sell the collateral in order to recover any outstanding balance.

    For individuals, credit cards are the most common example of unsecured loans. There is no collateral backing up your Visa bill that Visa can seize if you don’t pay your bill.

    Why it Matters:

    If a lender has claim to some of your assets — say, a deposit you made, a lien on your house, the title to your car — that creditor has a secured loan. If the creditor has no ability to claim some of your assets when you don’t pay (this is often the case with credit cards), the creditor has made an unsecured loan. If you have borrowed money from a bank, the bank may ask you for collateral as a way of securing the loan .

    Unsecured loans are riskier than secured loans because the lender does not have the ability to seize an asset right away if a borrower fails to repay the debt. Creditors may of course sue to obtain access to accounts or other assets if the borrower has not paid, but that is more expensive than requiring collateral up front. Regardless, this lack of security increases the creditor’s risk, which in turn increases the interest rates on unsecured loans.



    Consumer Loan Law – Legal Definition #monthly #payment #loans


    #consumer loans
    #

    Consumer Loan Law Legal Definition

    Consumer loan means a secured or unsecured loan given to customers for personal, family, or household purposes, or for consumable items such as a car, boat, manufactured home, home equity loan, home equity line of credit, signature loan, signature line of credit, and recreational vehicle. It is usually given on the basis of borrower’s integrity and ability to pay. It is also called as consumer lending, consumer credit, or retail lending.

    Consumer loans must comply with the consumer protection regulation and they are monitored by government regulatory agencies. Consumer loan does not include mortgage loans used for home purchases and commercial loans.

    The term consumer loan is defined under Cal Fin Code 4970 (d) as a consumer credit transaction that is secured by real property located in this state, used or intended to be used or occupied, as the principal dwelling of the consumer that is improved by a one-to-four residential unit. “Consumer loan” does not include a reverse mortgage, an open line of credit, or a consumer credit transaction that is secured by rental property or second homes. “Consumer loan” does not include a bridge loan. For purposes of this division, a bridge loan is any temporary loan, having a maturity of one year or less, for the purpose of acquisition or construction of a dwelling intended to become the consumer’s principal dwelling.



    Small Business Loan Definition – Small Business Loan Resources #loan #modification #programs


    #small business loan
    #

    Small Business Loan

    By Susan Ward. Small Business: Canada Expert

    Susan Ward is a business writer and experienced business person; she and her partner run Cypress Technologies, an IT consulting business, providing services such as software and database development.

    Read more about Susan’s current and past work on her Google Profile if you like: Susan Ward .

    Consider that you may have an excellent credit rating and a solid business plan and still not be able to get a small business loan because you have no collateral .

    Continue Reading Below

    Even established business people can find themselves in this position, if they do not own enough tangible assets, such as houses or other property.

    In other words, the small business loan is not being granted on the status of your business; it s being granted on your personal financial status. That s why it s important that your personal financial house is in order before you apply for a small business loan.

    You will also find that many lenders just don t provide seed money. While they re perfectly willing to give a small business loan to help a business grow, they don t want to take the risk of lending to a start up.

    All that being said, you can get a small business loan if you know where to look and are prepared to meet the lender s expectations.

    If you re seeking a small business loan to start a business, see 8 Sources of Start Up Money .

    And for more on increasing your chances of getting a small business loan, see How to Get a Small Business Loan .

    Also Known As: Business loan.

    Common Misspellings: Small bisness loan, small buisness loan.

    Examples: Steven s application for a small business loan was rejected because he didn t have any collateral.



    Mortgage – Definition and Different Types #no #cosigner #student #loans


    #mortgage loan
    #

    Mortgage

    By Justin Pritchard. Banking/Loans Expert

    Justin Pritchard helps consumers navigate the world of banking.

    A mortgage is an agreement that allows a lender to seize property when a borrower fails to pay.

    What does that mean in the real world? In most cases, the term mortgage is used to refer to a home loan: if you don’t pay the loan as agreed, your lender can foreclose on the property.

    In real estate, agreements need to be in writing, so a mortgage is a document that gives your lender the right to foreclose on your home.

    Mortgages Make it Possible

    Real estate is expensive. Most people don’t have enough cash on hand to purchase a home with savings, so they borrow money. Banks realize this, and they’re in the business of charging interest on loans, so they offer real estate loans. But the only way to get those loans – the only way the bank will give you hundreds of thousands of dollars – is to use collateral .

    When you pledge the property as collateral (by using a mortgage agreement), the bank is protected against your failure to pay.

    Mortgages are often used by consumers, but businesses can also purchase property with a mortgage.

    Types of Mortgages

    You might hear about several different types of mortgages. Again, if you want to be a stickler, we’re talking about different types of loans – not different types of mortgages (because the mortgage is simply the part that says they can foreclose if you don’t pay the loan in question).

    Continue Reading Below

    Fixed-rate mortgages are the simplest type of loan. Given a loan amount, an interest rate. and a number of years to repay the loan, your lender calculates a fixed monthly payment. You’ll make that exact same payment for the entire term of the loan (unless you pay more than is required or refinance the loan ). Fixed rate mortgages typically last for 30 or 15 years, although other terms are not unheard of.

    Learn more about how to calculate mortgage payments and how the different inputs affect your payment.

    Adjustable rate mortgages are similar, but the interest rate can change at some point. When that happens, your monthly payment also changes – for better or worse. Rates typically change after several years, and there are some limits as to how much the rate can change.

    Second mortgages allow you to add another mortgage and borrow more money. Your second mortgage lender is “in second position,” meaning they only get paid if there’s money left over after the first mortgage holder gets paid.

    Reverse mortgages provide income to people who have sufficient equity in their homes. Retirees sometimes use a reverse mortgage to supplement income or to get cash out of homes that they paid off long ago.

    To Mortgage – What does it Mean?

    Now that you understand what a mortgage is, it might make sense when you hear that somebody had to mortgage something. The idea is that they wanted something valuable, and they had to pledge something else valuable in order to get the thing they wanted.



    Unsecured Loans – Definition – Explanation #interest #calculator #loan


    #unsecured loan
    #

    Unsecured Loans – Definition and Explanation

    By Justin Pritchard. Banking/Loans Expert

    Justin Pritchard helps consumers navigate the world of banking.

    Unsecured loans are loans that have not been “secured” with any type of collateral. For example, the bank does not have the ability to take your house or car if you stop making payments on an unsecured loan.

    Examples

    Unsecured loans come in a variety of flavors.

    • Credit cards are a common form of unsecured loan (even though you might not think of them as “loans”)
    • Student loans are generally unsecured
    • “Personal” loans. which you can use for any purpose you want. are often unsecured loans

    Compare and Contrast

    Sometimes it’s helpful to look at what isn’t an unsecured loan – just to reinforce the concept.

    Auto loans are secured loans. When you borrow to buy a car (or borrow against your car title ), the lender has the right to take your car away if you stop making payments.

    Home loans are also secured. Whether you borrow for your home purchase or you get a second mortgage. you risk being forced out of your home through foreclosure if you fail to repay the loan.

    When loans are secured. your credit will still be damaged if you stop making payments – even after the lender takes your collateral. In some cases, the collateral is sold but does not bring in enough to pay off your loan. As a result, you will lose the asset, have damaged credit, and possibly still owe a deficiency .

    Continue Reading Below

    Approval for Unsecured Loans

    To get a secured loan, you do not need to pledge anything as collateral. Instead, the lender will approve a loan application based on your ability to repay (as opposed to the lender’s ability to sell your assets and collect what you owe). Lenders determine whether or not you’re likely to repay by evaluating several factors.

    Your credit: lenders check your borrowing history to see if you’ve successfully paid off loans in the past. Based on the information in your credit reports. a computer creates a credit score which is a shortcut for evaluating your creditworthiness. To get an unsecured loan, you’ll need good credit. If you’ve done very little borrowing in the past (or you have bad credit because you’ve fallen on hard times in your past), it is possible to rebuild your credit .

    Your income: lenders want to be sure that you have enough income to repay any new loans. When you apply for a loan (whether secured or unsecured), lenders will ask for proof of income. Your pay stubs, tax returns, and bank statements will most likely provide sufficient proof of income. Then, lenders will evaluate how much of a burden your new loan payment will be relative to your monthly income. They typically do this by calculating a debt-to-income ratio .

    If you’re not able to qualify for an unsecured loan based on your credit and income, you might still have options. One approach is to ask a co-signer to help you get approved, but this can put everybody in a difficult situation .



    Small Business Loan Definition – Small Business Loan Resources #car #loans #bad #credit


    #small business loan
    #

    Small Business Loan

    By Susan Ward. Small Business: Canada Expert

    Susan Ward is a business writer and experienced business person; she and her partner run Cypress Technologies, an IT consulting business, providing services such as software and database development.

    Read more about Susan’s current and past work on her Google Profile if you like: Susan Ward .

    Consider that you may have an excellent credit rating and a solid business plan and still not be able to get a small business loan because you have no collateral .

    Continue Reading Below

    Even established business people can find themselves in this position, if they do not own enough tangible assets, such as houses or other property.

    In other words, the small business loan is not being granted on the status of your business; it s being granted on your personal financial status. That s why it s important that your personal financial house is in order before you apply for a small business loan.

    You will also find that many lenders just don t provide seed money. While they re perfectly willing to give a small business loan to help a business grow, they don t want to take the risk of lending to a start up.

    All that being said, you can get a small business loan if you know where to look and are prepared to meet the lender s expectations.

    If you re seeking a small business loan to start a business, see 8 Sources of Start Up Money .

    And for more on increasing your chances of getting a small business loan, see How to Get a Small Business Loan .

    Also Known As: Business loan.

    Common Misspellings: Small bisness loan, small buisness loan.

    Examples: Steven s application for a small business loan was rejected because he didn t have any collateral.



    Savings and Loans Crisis: Definition, Cause, Cost #homeowner #loans


    #savings and loans
    #

    Savings and Loans Crisis: Causes, Cost

    By Kimberly Amadeo. US Economy Expert

    Kimberly Amadeo clarifies economic and business news. She explains how these trends affect you and, most important, the steps you need to take so you can profit now.

    She is the author of The Ultimate Obamacare Handbook: A Definitive Guide to Your Benefits, Rights, Responsibilities, and Potential Pitfalls . Order now at Barnes and Noble and Amazon. She also wrote Beyond the Great Recession: What Happened and How to Prosper . also available on Amazon.com.

    Sign up for the free 5-day U.S. Economy ecourse here. By this time next week, you’ll understand how the economy works as explained in five daily emails.

    What Was the Savings and Loans Crisis?

    Definition: The Savings and Loans Crisis was the greatest bank collapse since the Great Depression of 1929. By 1989, more than 1,000 of the nation s Savings and Loans  (S Ls) had failed. This effectively ended what had once been a secure source of home mortgages.

    Half of the nation s failed S Ls were from Texas, pushing that state into recession. As bad land investments were auctioned off, real estate prices collapsed, office vacancies rose to 30%, and crude oil prices fell 50%.

    Some Texas banks, like Empire Savings and Loan, were even involved in illegal land flips and other criminal activities.

    Five U.S. Senators, known as the Keating Five, were investigated by the Senate Ethics Committee for improper conduct. They had accepted $1.5 million in campaign contributions from Charles Keating, head of the Lincoln Savings and Loan Association. They also put pressure on the Federal Home Loan Banking Board. the agency responsible for investigating possible criminal activities at Lincoln, to overlook possibly suspicious activities.

    Continue Reading Below

    What Caused the Savings and Loans Crisis?

    Savings and Loans were specialized banks that used low-interest, but federally-insured, deposits in savings accounts to fund mortgages. However, in the 1980s, money market accounts  became more popular by offering higher interest rates on savings. Consequently, investors became pulling money out of savings accounts, depleting the banks source of funds.

    S L banks asked Congress to remove the low-interest rate restrictions. In 1982, the Garn-St. Germain Depository Institutions Act was passed, which allowed S Ls to raise interest rates on savings deposits. In addition, the banks were no longer restricted to mortgages, but were allowed to make commercial and consumer loans. Most importantly, the law removed restrictions on loan-to-value ratios. At the same time, the Federal Home Loan Bank Board regulatory staff was reduced thanks to budget cuts during the Reagan Administration. This further impaired their ability to investigate possible risky loans.

    In an attempt to raise capital. banks invested in speculative real estate and commercial loans. Between 1982 and 1985, these assets increased 56%. In Texas, forty S Ls tripled in size, some growing 100% each year.

    By 1983, 35% of the country s S Ls weren t profitable, and 9% were technically bankrupt. As banks went under, the state and Federal insurance began to run out of the money needed to refund depositors. However, many S Ls kept remained open, continued making bad loans. and the losses kept mounting.

    By 1989, Congress and the President George H.W. Bush knew they needed to bail out the industry. They agreed on a taxpayer-financed bailout measure known as the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA ). It provided $50 billion to close failed banks and stop further losses. It set up a new government agency called the Resolution Trust Corporation (RTC) to resell Savings and Loan assets, and use the proceeds to pay back depositors. FIRREA also changed Savings and Loan regulations to help prevent further poor investments and fraud.

    How Much Did the Savings and Loans Crisis Cost?

    Between 1986-1995, more than half of the nation s Savings and Loans, with total assets of more than $500 billion, had failed. By 1999, the crisis cost $160 billion. with taxpayers footing the bill for $132 billion, and the S L industry paying the rest. Article updated February 10, 2015



    Student Loan Forgiveness Definition #student #loan #network


    #student loan forgiveness
    #

    Student Loan Forgiveness

    DEFINITION of ‘Student Loan Forgiveness’

    Education Loan

    Federal Direct Loan Program

    BREAKING DOWN ‘Student Loan Forgiveness’

    Federal education loans must be repaid with interest in most situations. The borrower is not excused from repayment due to dissatisfaction with the school or educational program, dropping out of the program before graduation or inability to find a job after graduation.

    Student loan programs vary, and it is best to speak with a qualified student loan consultant, but most federal education loans can be discharged in the following situations:

    • Permanent disability
    • Closure of the school during the time of study
    • Falsification of the loan qualifications by the school
    • Use of identity theft to secure the loan
    • Failure of the school to refund required loans to the lender
    • Death of the borrower

    To encourage employment in public-service occupations, the federal government may waive repayment of William D. Ford Federal Direct Loans, if the borrower enters public service. This is referred to as Public Service Loan Forgiveness (PSLF).

    To qualify for PSLF, the borrower will need to have already made 120 on-time, full payments to his/her direct loan, while working full-time at a qualifying public-service organization.

    If you do not have a William D. Ford Direct Loan, and instead borrowed through the FFEL Program or Perkins Loan Program, you are allowed to consolidate these into a Direct Consolidation Loan. This new, consolidated loan would then be eligible for public-service loan forgiveness. Keep in mind that any loan payments made before this consolidation won’t count toward the 120 payment minimum. Only payments made to the new Direct Consolidation Loan will be considered.

    According to the Federal Student Aid website, PSLF-qualifying jobs include:

    “Any employment with a federal, state, or local government agency, entity, or organization or a not-for-profit organization that has been designated as tax-exempt by the Internal Revenue Service (IRS) under Section 501(c)(3) of the Internal Revenue Code (IRC).”

    Click here for more information.



    Guarantor financial definition of Guarantor #direct #lender #payday #loans


    #guarantor loans
    #

    Guarantor

    Guarantor

    A party who will guarantee repayment or performance of a covenant .

    Guarantor

    A third party who promises to provide payment on a bond. loan. or other liability in the event of default. While many guarantees apply to debt instruments. they may also be used for day-to-day expenses. For example, a parent may be a guarantor for an adult child and promise to pay rent to a rental agency if the adult child does not do it. Banks often serve as guarantors on behalf of certain clients, but, just as often, private parties serve as guarantors and promise payment on private loans. Guarantors reduce the risk to loans and liabilities, and usually improve the credit agency ratings of bonds.

    Guarantor.

    If lenders are concerned about your income, your credit history, or other risk factors when you apply for a loan, they may require a guarantor, or cosigner.

    The guarantor signs the loan with you and agrees to pay your debt if you default. For example, lenders may fear that your income may not be high enough to meet your payments if you encounter any unexpected financial setbacks.

    Laws governing who may serve as a guarantor vary from state to state. Some states require that your guarantor be a resident of the state where you’re obtaining the loan, while others will accept guarantors from out of state as well.



    Definition of Guarantor Loans #home #loans #comparison


    #guarantor loans
    #

    Other People Are Reading

    Basics

    Like guarantors, co-borrowers or cosigners hold similar roles by minimizing a lender’s risk of extending credit. For instance, if a student received a Federal Stafford Loan and defaulted (did not pay in full), then the federal government will compensate the lender. Some federal student loans represent a type of guarantor loan as the federal government guarantees that lenders will be paid. Private student loans–those not guaranteed by the government–might require a cosigner before approving a loan. Hence, the student and the cosigner are responsible for paying the loan.

    Significance

    Friends and family members can serve as guarantors. Their credit ratings, assets, expenses and references often are evaluated to determine if they qualify. The advantage is that the applicant will receive financing when the guarantor is approved. However, if the applicant defaults or fails to pay the loan, then the guarantor can become liable for the debt.

    Effects

    When faced with mounting debts, some people file bankruptcy in lieu of paying their loans. Certain loans will not be discharged through bankruptcy, such as federal student loans. Another obstacle involves business loans, such as those made by a sole proprietorship. If a business owned by a single individual takes out a guarantor loan, then the owner might be personally liable for business debts. For instance, instead of turning to the guarantor, the business might forfeit personal assets, like real estate or cars, to satisfy the debt.

    Features

    Guarantor loans affect debt-to-income ratios for both applicants and guarantors. Thus, a guarantor might not be able to get another loan if a lender considers the total debt-to-income ratio (including guarantor loans) as too high or risky.

    Considerations

    Lenders have some discretion when deciding interest rates for guarantor loans. Interest rates generally correlate to the lender’s risk assessment. If a person is considered low-risk, then the best interest rates can be available. The interest rates used on guarantor loans will be affected by the guarantor’s credit. For instance, an applicant with poor credit might qualify for a lower interest rate based on the guarantor’s credit rating and income.



    Debt Consolidation Definition #bad #credit #home #loans


    #debt consolidation
    #

    Debt Consolidation

    DEFINITION of ‘Debt Consolidation’

    VIDEO

    Loading the player.

    BREAKING DOWN ‘Debt Consolidation’

    There are several pitfalls consumers should consider when consolidating debt:

    – Extending the loan term. Your monthly payment and interest rate might be lower, but you might pay more interest in the long run if you take longer to pay back what you owe.

    – Continuing to spend beyond your means. Consolidating debt alone does not get you out of debt; improving spending and saving habits is key. Put your old credit cards in a drawer so you won’t use them and don’t apply for new ones to avoid getting back into debt.

    – Using a home equity loan or line of credit to consolidate consumer debt . While these loans offer low interest rates and deductible interest for taxpayers who itemize their deductions. they also put your home at risk if you fail to make the required payments. Be very cautious about taking this route. It doesn’t make sense to lose your house because you couldn’t pay your credit card bills.

    – Paying expensive fees to a debt-consolidation service. You can consolidate your debt yourself for free with a new loan or low-interest credit card.

    – Consolidating debt for convenience. The simplicity of a single monthly payment is not a sufficient reason to consolidate debt.

    A reputable nonprofit consumer credit-counseling organization can help consumers consolidate debt wisely and at little cost. The organization can negotiate more favorable terms with creditors to help you get out of debt faster and at lower cost. It also can manage repayment for you so you’re less likely to have late or missed payments that accrue fees and more interest.



    Unsecured Loans – Definition – Explanation #car #loans


    #unsecured loan
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    Unsecured Loans – Definition and Explanation

    By Justin Pritchard. Banking/Loans Expert

    Justin Pritchard helps consumers navigate the world of banking.

    Unsecured loans are loans that have not been “secured” with any type of collateral. For example, the bank does not have the ability to take your house or car if you stop making payments on an unsecured loan.

    Examples

    Unsecured loans come in a variety of flavors.

    • Credit cards are a common form of unsecured loan (even though you might not think of them as “loans”)
    • Student loans are generally unsecured
    • “Personal” loans. which you can use for any purpose you want. are often unsecured loans

    Compare and Contrast

    Sometimes it’s helpful to look at what isn’t an unsecured loan – just to reinforce the concept.

    Auto loans are secured loans. When you borrow to buy a car (or borrow against your car title ), the lender has the right to take your car away if you stop making payments.

    Home loans are also secured. Whether you borrow for your home purchase or you get a second mortgage. you risk being forced out of your home through foreclosure if you fail to repay the loan.

    When loans are secured. your credit will still be damaged if you stop making payments – even after the lender takes your collateral. In some cases, the collateral is sold but does not bring in enough to pay off your loan. As a result, you will lose the asset, have damaged credit, and possibly still owe a deficiency .

    Continue Reading Below

    Approval for Unsecured Loans

    To get a secured loan, you do not need to pledge anything as collateral. Instead, the lender will approve a loan application based on your ability to repay (as opposed to the lender’s ability to sell your assets and collect what you owe). Lenders determine whether or not you’re likely to repay by evaluating several factors.

    Your credit: lenders check your borrowing history to see if you’ve successfully paid off loans in the past. Based on the information in your credit reports. a computer creates a credit score which is a shortcut for evaluating your creditworthiness. To get an unsecured loan, you’ll need good credit. If you’ve done very little borrowing in the past (or you have bad credit because you’ve fallen on hard times in your past), it is possible to rebuild your credit .

    Your income: lenders want to be sure that you have enough income to repay any new loans. When you apply for a loan (whether secured or unsecured), lenders will ask for proof of income. Your pay stubs, tax returns, and bank statements will most likely provide sufficient proof of income. Then, lenders will evaluate how much of a burden your new loan payment will be relative to your monthly income. They typically do this by calculating a debt-to-income ratio .

    If you’re not able to qualify for an unsecured loan based on your credit and income, you might still have options. One approach is to ask a co-signer to help you get approved, but this can put everybody in a difficult situation .



    Long Term Loans – Definition – Advantages #car #loan #amortization


    #long term loan
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    Definition:

    There are periods when a government is not able to meet its expenditure from the tax receipts. It then takes recourse to borrowing. If the government is in need of large funds and the short term loans are not suitable and adequate, then it takes recourse to long term loans.

    Advantages:

    The main advantages claimed for long term loans are as follows:

    (i) Long term loan provides an opportunity to the state to under-take large projects like constructions of canals, hydro-electric projects, buildings, highways, hospitals, etc. As these loans are not to be repaid at a short notice, so the government safely spends them on productive projects.

    (ii) Long term loans are also unavoidable for preparing and fighting of a modern war.

    (iii) The long term loans provide a very good opportunity for the commercial banks and the insurance companies to invest their surplus funds. As the rate of interest in long term loan is higher than on the short-term loan, therefore, they earn large profits.

    (iv) Another merit of the long term loan is that it can be repaid by the government by the time which is favorable or convenient to it. It can also convert these loans at a lower rate of interest later on.

    (v) If at any time the rate of interest is low, the government can contract a long-term loan and with the amount thus raised, some public works programs can be undertaken at a lesser cost.

    Disadvantages/Demerits of Long Term Loans:

    (i) Long term loans are mostly incurred for financing war or for undertaking big public works program. If a country has to meet an external aggression, these long-term loans are unavoidable and so are justified. But if it wages a war to expand its territory, then they cannot be justified because there is very likelihood’ that the waging country may suffer losses. In such cases, the present generation as well as the posterity suffers.

    (ii) In times of an emergency, the government has to undertake long-term .loans even though they are at a higher rate of interest. The burden of the public debt is thus too much increased.

    (iii) If a government embarks upon a big project by having a recourse to long term borrowing and miscarries it, then the future generation is burdened with a losing concern.

    (iv) If the government has accumulated large capital through long-term loans and no real assets exists to pay off such debts, then it resorts to excessive taxation. Heavy taxation reduces the profits of the businessmen and discourages the new industrialists to take up new enterprises.

    We cannot deny this fact that long-term loans have some disadvantages but when an emergency arises, they become absolutely unavoidable. The government should, however, see that they should be incurred mostly on those projects which give return so that the present generation as well as the posterity benefit from them.



    Personal Finance Definition #college #student #loans


    #personal finance
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    Personal Finance

    DEFINITION of ‘Personal Finance’

    Open-Market Rate

    Financial Planner

    BREAKING DOWN ‘Personal Finance’

    All individual financial activities fall under the purview of personal finance; personal financial planning generally involves analyzing your current financial position, predicting short-term and long-term needs and executing a plan to fulfill those need within individual financial constraints.  Personal finance is a very individual activity that depends largely on one’s earnings, living requirements and individual goals and desires.

    • Assessing your current financial position – looking at expected cash flow, current savings, etc.
    • Buying insurance to protect yourself from risk and making sure your material standing is secure
    • Calculating and filing taxes
    • Savings and investment
    • Retirement planning

    As a specialized field, personal finance is a fairly recent development, though forms of personal finance have been taught in universities and schools as “home economics” or “consumer economics” since the early twentieth century. The field was initially disregarded by male economists, as “home economics” appeared to be the purview of home-making women.  However, more recently economists have repeatedly stressed widespread education in matters of personal finance as integral to the macro-economic performance of the economy.

    Market theory and practice is largely guided by assuming the presence of the invisible hand : the idea that all consumers in a market economy will act rationally, or in their own self-interest.  In theory, this makes market fluctuations predictable and provides assurance that their movements have been in the interest of the consumer.  However, scholars in the late twentieth and early twenty-first centuries began to question that assumption , arguing that consumers actually act irrationally as a result of under-education in a more complicated and less comprehensible economy.

    Many consumers simply do not have the information to make the most rational financial decisions for themselves, or they are manipulated by circumstance or misinformation to perceive a decision as being more rational than it actually is.  As such, many colleges and universities have begun to offer personal finance courses, and almost all media publications regularly produce material doling out personal finance advice to consumers.

    Matters of personal finance include, but are not limited to, the purchasing of financial products for personal reasons, like credit cards. life and home insurance. mortgages and retirement products. Personal banking is also considered a part of personal finance, including checking and savings accounts and new, 21st century banking products like Venmo .



    Guarantor financial definition of Guarantor #harp #loan #program


    #guarantor loans
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    Guarantor

    Guarantor

    A party who will guarantee repayment or performance of a covenant .

    Guarantor

    A third party who promises to provide payment on a bond. loan. or other liability in the event of default. While many guarantees apply to debt instruments. they may also be used for day-to-day expenses. For example, a parent may be a guarantor for an adult child and promise to pay rent to a rental agency if the adult child does not do it. Banks often serve as guarantors on behalf of certain clients, but, just as often, private parties serve as guarantors and promise payment on private loans. Guarantors reduce the risk to loans and liabilities, and usually improve the credit agency ratings of bonds.

    Guarantor.

    If lenders are concerned about your income, your credit history, or other risk factors when you apply for a loan, they may require a guarantor, or cosigner.

    The guarantor signs the loan with you and agrees to pay your debt if you default. For example, lenders may fear that your income may not be high enough to meet your payments if you encounter any unexpected financial setbacks.

    Laws governing who may serve as a guarantor vary from state to state. Some states require that your guarantor be a resident of the state where you’re obtaining the loan, while others will accept guarantors from out of state as well.



    Debt Consolidation Definition #personal #loans #calculator


    #debt consolidation
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    Debt Consolidation

    DEFINITION of ‘Debt Consolidation’

    VIDEO

    Loading the player.

    BREAKING DOWN ‘Debt Consolidation’

    There are several pitfalls consumers should consider when consolidating debt:

    – Extending the loan term. Your monthly payment and interest rate might be lower, but you might pay more interest in the long run if you take longer to pay back what you owe.

    – Continuing to spend beyond your means. Consolidating debt alone does not get you out of debt; improving spending and saving habits is key. Put your old credit cards in a drawer so you won’t use them and don’t apply for new ones to avoid getting back into debt.

    – Using a home equity loan or line of credit to consolidate consumer debt . While these loans offer low interest rates and deductible interest for taxpayers who itemize their deductions. they also put your home at risk if you fail to make the required payments. Be very cautious about taking this route. It doesn’t make sense to lose your house because you couldn’t pay your credit card bills.

    – Paying expensive fees to a debt-consolidation service. You can consolidate your debt yourself for free with a new loan or low-interest credit card.

    – Consolidating debt for convenience. The simplicity of a single monthly payment is not a sufficient reason to consolidate debt.

    A reputable nonprofit consumer credit-counseling organization can help consumers consolidate debt wisely and at little cost. The organization can negotiate more favorable terms with creditors to help you get out of debt faster and at lower cost. It also can manage repayment for you so you’re less likely to have late or missed payments that accrue fees and more interest.



    Unsecured Loan Definition – Example #used #auto #loan #rates


    #unsecured loan
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    What it is:

    An unsecured loan is debt that does not have any collateral attached.

    How it works/Example:

    Let’s assume you would like to borrow $100,000 to start a business. Even if you have an excellent credit rating. a bank may be reluctant to lend you the money because it may be left with nothing if you default on the loan. Thus, although banks may attempt the lengthy and expensive process of suing you in that circumstance, the bank may require $100,000 of collateral — security — in order to lend you the money. This collateral might consist of financial instruments, houses, cash. or even objects such as art, jewelry or other items. You might also pledge your business receivables as well. When you pledge these assets, you are collateralizing the loan .

    If you in fact default on the loan, the loan agreement gives the lender the right to seize, then sell the collateral in order to recover any outstanding balance.

    For individuals, credit cards are the most common example of unsecured loans. There is no collateral backing up your Visa bill that Visa can seize if you don’t pay your bill.

    Why it Matters:

    If a lender has claim to some of your assets — say, a deposit you made, a lien on your house, the title to your car — that creditor has a secured loan. If the creditor has no ability to claim some of your assets when you don’t pay (this is often the case with credit cards), the creditor has made an unsecured loan. If you have borrowed money from a bank, the bank may ask you for collateral as a way of securing the loan .

    Unsecured loans are riskier than secured loans because the lender does not have the ability to seize an asset right away if a borrower fails to repay the debt. Creditors may of course sue to obtain access to accounts or other assets if the borrower has not paid, but that is more expensive than requiring collateral up front. Regardless, this lack of security increases the creditor’s risk, which in turn increases the interest rates on unsecured loans.



    Consumer Loan Law – Legal Definition #federal #college #loans


    #consumer loans
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    Consumer Loan Law Legal Definition

    Consumer loan means a secured or unsecured loan given to customers for personal, family, or household purposes, or for consumable items such as a car, boat, manufactured home, home equity loan, home equity line of credit, signature loan, signature line of credit, and recreational vehicle. It is usually given on the basis of borrower’s integrity and ability to pay. It is also called as consumer lending, consumer credit, or retail lending.

    Consumer loans must comply with the consumer protection regulation and they are monitored by government regulatory agencies. Consumer loan does not include mortgage loans used for home purchases and commercial loans.

    The term consumer loan is defined under Cal Fin Code 4970 (d) as a consumer credit transaction that is secured by real property located in this state, used or intended to be used or occupied, as the principal dwelling of the consumer that is improved by a one-to-four residential unit. “Consumer loan” does not include a reverse mortgage, an open line of credit, or a consumer credit transaction that is secured by rental property or second homes. “Consumer loan” does not include a bridge loan. For purposes of this division, a bridge loan is any temporary loan, having a maturity of one year or less, for the purpose of acquisition or construction of a dwelling intended to become the consumer’s principal dwelling.



    Loan Term Definition – Time Period and Specifics of a Loan #easy #loans


    #short term loan
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    Loan Term

    By Justin Pritchard. Banking/Loans Expert

    Justin Pritchard helps consumers navigate the world of banking.

    A loan’s term can refer to two things. First, it tells you how long the loan will exist. It can also refer to requirements and specifics of the loan agreement .

    Time as Loan Term

    When you hear about a loan’s term, you’re most likely hearing about time. How long will the loan last? It can last for its entire term.

    Auto loans often have 5 or 6 year terms. However, loans can last for any number of years — as long or short as a lender and borrower are willing to agree on.

    Some time before the end of a loan’s term, the loan must be paid off or refinanced. When you get a loan (such as a 5 year auto loan ), you often have a required monthly payment. That payment is calculated so that you’ll pay off the loan entirely over the course of the loan’s term. At the end of the 5th year, your last payment will cover exactly what you owe.

    Requirements as Loan Terms

    Loan terms can also refer to an agreement. When you borrow money, you and your lender agree to certain things — terms. They’ll provide a sum of money, you’ll repay according to an agreed upon schedule, and if something goes wrong each of you has rights and responsibilities that are listed in the loan agreement. Some common loan terms include:



    What Is a Payday Loan? Definition and Dangers #refinance #loan


    #pay day loan
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    What Is a Payday Loan?

    By Miriam Caldwell. Money in Your 20s Expert

    Miriam Caldwell is a freelance writer with a specialty in personal finance. She believes that you can lay a solid foundation by starting to manage your finances in your twenties.

    Payday loan businesses cause customers to become reliant on them because they charge large fees, and expect quick repayment of the money. This can make it difficult for a borrower to pay off the loan and still be able to meet monthly expenses. Many borrowers have loans at several different payday loan businesses. which worsens the situation.

    Payday loans should be avoided at all costs. If you need help turn to other sources first. Some credit unions and banks have begun to offer a similar service, but at much lower interest rates .

    If you have been using payday loans. you need to stop immediately. You may need to make partial payments on your loans so you can begin to stop the cycle. You should make sure that you have food, pay your rent or house payment, and keep your power on. Then everything else should go to breaking the cycle.

    This is similar to having constant late payments or overdraft charges from your bank.



    Savings and Loans Crisis: Definition, Cause, Cost #department #of #education #loans


    #savings and loans
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    Savings and Loans Crisis: Causes, Cost

    By Kimberly Amadeo. US Economy Expert

    Kimberly Amadeo clarifies economic and business news. She explains how these trends affect you and, most important, the steps you need to take so you can profit now.

    She is the author of The Ultimate Obamacare Handbook: A Definitive Guide to Your Benefits, Rights, Responsibilities, and Potential Pitfalls . Order now at Barnes and Noble and Amazon. She also wrote Beyond the Great Recession: What Happened and How to Prosper . also available on Amazon.com.

    Sign up for the free 5-day U.S. Economy ecourse here. By this time next week, you’ll understand how the economy works as explained in five daily emails.

    What Was the Savings and Loans Crisis?

    Definition: The Savings and Loans Crisis was the greatest bank collapse since the Great Depression of 1929. By 1989, more than 1,000 of the nation s Savings and Loans  (S Ls) had failed. This effectively ended what had once been a secure source of home mortgages.

    Half of the nation s failed S Ls were from Texas, pushing that state into recession. As bad land investments were auctioned off, real estate prices collapsed, office vacancies rose to 30%, and crude oil prices fell 50%.

    Some Texas banks, like Empire Savings and Loan, were even involved in illegal land flips and other criminal activities.

    Five U.S. Senators, known as the Keating Five, were investigated by the Senate Ethics Committee for improper conduct. They had accepted $1.5 million in campaign contributions from Charles Keating, head of the Lincoln Savings and Loan Association. They also put pressure on the Federal Home Loan Banking Board. the agency responsible for investigating possible criminal activities at Lincoln, to overlook possibly suspicious activities.

    Continue Reading Below

    What Caused the Savings and Loans Crisis?

    Savings and Loans were specialized banks that used low-interest, but federally-insured, deposits in savings accounts to fund mortgages. However, in the 1980s, money market accounts  became more popular by offering higher interest rates on savings. Consequently, investors became pulling money out of savings accounts, depleting the banks source of funds.

    S L banks asked Congress to remove the low-interest rate restrictions. In 1982, the Garn-St. Germain Depository Institutions Act was passed, which allowed S Ls to raise interest rates on savings deposits. In addition, the banks were no longer restricted to mortgages, but were allowed to make commercial and consumer loans. Most importantly, the law removed restrictions on loan-to-value ratios. At the same time, the Federal Home Loan Bank Board regulatory staff was reduced thanks to budget cuts during the Reagan Administration. This further impaired their ability to investigate possible risky loans.

    In an attempt to raise capital. banks invested in speculative real estate and commercial loans. Between 1982 and 1985, these assets increased 56%. In Texas, forty S Ls tripled in size, some growing 100% each year.

    By 1983, 35% of the country s S Ls weren t profitable, and 9% were technically bankrupt. As banks went under, the state and Federal insurance began to run out of the money needed to refund depositors. However, many S Ls kept remained open, continued making bad loans. and the losses kept mounting.

    By 1989, Congress and the President George H.W. Bush knew they needed to bail out the industry. They agreed on a taxpayer-financed bailout measure known as the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA ). It provided $50 billion to close failed banks and stop further losses. It set up a new government agency called the Resolution Trust Corporation (RTC) to resell Savings and Loan assets, and use the proceeds to pay back depositors. FIRREA also changed Savings and Loan regulations to help prevent further poor investments and fraud.

    How Much Did the Savings and Loans Crisis Cost?

    Between 1986-1995, more than half of the nation s Savings and Loans, with total assets of more than $500 billion, had failed. By 1999, the crisis cost $160 billion. with taxpayers footing the bill for $132 billion, and the S L industry paying the rest. Article updated February 10, 2015



    Student Loan Forgiveness Definition #loans #after #bankruptcy


    #student loan forgiveness
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    Student Loan Forgiveness

    DEFINITION of ‘Student Loan Forgiveness’

    Education Loan

    Federal Direct Loan Program

    BREAKING DOWN ‘Student Loan Forgiveness’

    Federal education loans must be repaid with interest in most situations. The borrower is not excused from repayment due to dissatisfaction with the school or educational program, dropping out of the program before graduation or inability to find a job after graduation.

    Student loan programs vary, and it is best to speak with a qualified student loan consultant, but most federal education loans can be discharged in the following situations:

    • Permanent disability
    • Closure of the school during the time of study
    • Falsification of the loan qualifications by the school
    • Use of identity theft to secure the loan
    • Failure of the school to refund required loans to the lender
    • Death of the borrower

    To encourage employment in public-service occupations, the federal government may waive repayment of William D. Ford Federal Direct Loans, if the borrower enters public service. This is referred to as Public Service Loan Forgiveness (PSLF).

    To qualify for PSLF, the borrower will need to have already made 120 on-time, full payments to his/her direct loan, while working full-time at a qualifying public-service organization.

    If you do not have a William D. Ford Direct Loan, and instead borrowed through the FFEL Program or Perkins Loan Program, you are allowed to consolidate these into a Direct Consolidation Loan. This new, consolidated loan would then be eligible for public-service loan forgiveness. Keep in mind that any loan payments made before this consolidation won’t count toward the 120 payment minimum. Only payments made to the new Direct Consolidation Loan will be considered.

    According to the Federal Student Aid website, PSLF-qualifying jobs include:

    “Any employment with a federal, state, or local government agency, entity, or organization or a not-for-profit organization that has been designated as tax-exempt by the Internal Revenue Service (IRS) under Section 501(c)(3) of the Internal Revenue Code (IRC).”

    Click here for more information.



    Definition of Business Finance #sba #loan


    #business financing
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    Definition of Business Finance

    Business finance is the management of company capital. Individuals working in business finance seek viable sources of capital for a company, manage it so that the company performs well and report the financial information to company stakeholders.

    Other People Are Reading

    Business Financing

    In the business field, financing refers to the way a company obtains capital to expand operations and purchase assets. There are two main forms of business financing. debt and equity. Debtors, like banks, bondholders and other lenders, lend a company money for a period of time. In return for the capital, the company promises to repay a certain amount of cash either in installments or in a lump sum at the end of the loan term. The business may also make periodic interest payments on the loan.

    Tip

    Credit cards are another form of short-term debt financing used by small businesses. Business News Daily notes that while credit cards are a convenient form of financing, it’s easy to spend more than you can pay back and the debt should be paid off quickly.

    Alternatively, investors can issue a company capital in exchange for equity in the company. When an investor has equity, it means he owns part of the company. The first investor in a business often is the business owner, who may invest his own money into the business. When the company does well, the value of the equity increases, so the investor has an incentive to see the business succeed. The business may also issue dividends to equity holders.

    Business Finance Departments and Divisions

    Within business finance, there are many divisions. each with distinct roles and responsibilities. Business finance roles include:

    • Treasury is responsible for tracking cash flow and issuing payments so the company has enough money to meet its day-to-day obligations. Depending on how the business is structured, treasury also may manage capital fund raising, investment allocations and bank relations.
    • Financial Reporting generates and analyzes financial statements for managers and external parties.
    • Corporate Development makes decisions regarding business acquisitions, mergers and joint ventures.
    • Capital Planning analyzes the profitability of capital expenditures and large projects.
    • Internal Audit reviews and suggests improvements for operational and financial controls.
    • Tax ensures compliance with tax laws and structures transactions to avoid excess tax liability.

    Create and Manage Growth

    Some of business finance, like corporate development, treasury and capital budgeting, focus on creating sustainable growth for a company. Individuals in these positions need to have a strong understanding of financial risk, diversification and the time value of money in order to make the best possible decisions on how to allocate company resources.

    Monitor and Report on Financial Health

    Other parts of business finance, like financial reporting and some treasury roles, are dedicated to helping managers and investors understand business performance and monitor the company’s financial health. Individuals who work in financial reporting need to be well-versed in accounting theory, including budgeting and forecasting, in order to help interpret a company’s financial results.

    Ensure Financial Compliance

    Much of business finance also is focused around compliance. Tax, financial reporting and internal audit functions are all responsible for ensuring that a company complies with financial and operational rules and regulations set by governmental entites. Individuals in these positions need to have up-to-date knowledge of the tax code, generally accepted accounting principles and financial regulations such as the Dodd-Frank Act and Sarbanes-Oxley.