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The expression burst their banks means that they overflowed their banks.

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Q: The expression burst their banks means a Eroded their banks b Overflowed their banks?
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How have bank mortgage rates changed since the housing bubble has burst?

Since the housing bubble burst, bank mortgage rates and decreased. This makes it more affordable for people to get a loan and be able to purchase a house.


What will the burst of the tech bubble mean to the average person?

shiz is gonna go DOWN


Do you capitalize 'real estate'?

You do not need to capitalize the phrase "real estate" if used as a common noun. Example sentences: I invested my money in real estate. Her real estate investments increased in value. We looked at real estate in the northern area of out county. If you use it as a proper name, it needs capitalized. Example sentence: Big Deal Real Estate, Inc. opened its new office on January 30th, and closed on January 31st when pipes burst and flooded the suite.


What kind of business is owned by stockholders?

Corporations Corporations distribute ownership stakes in the form of shares, also called stock. In many private corporations, all of the stock is owned by one person or family. That one person or the family members that own the shares are all shareholders. Public corporations, those firms whose share trade on a public stock exchange (i.e. The New York Stock Exchange, NASDAQ, etc.) are also also owned by the people who own the stock. The distribution of the stock of public corporations is usually much, much larger than of private firms. Many large corporations (i.e. Microsoft, GE, Exxon-Mobil) have more than one million stock holders. All of those businesses are owned by the people who own the stock. The more stock one owns, the more of the business that person owns. As to the kind or type of business owned by stockholders, the short answer is "for-profit" businesses. Almost any kind of for-profit business can use the corporate form of ownership. In the past, there were strict requirements issued by the stock exchanges that businesses had to meet in order to list their shares. Those requirements included a certain level of revenue, a history of profitability and/or a threshold of assets owned. In the "dot.com" era, many of those requirements were set aside as very small companies who had yet to make a profit needed access to the capital markets to raise money to grow. When markets for those firms products and services did not materialize, the small size of the businesses and lack of tangible assets left many of those stocks worthless which is part of the reason the burble burst in 2000-2002.


What are the reasons behind up and down in share market?

The stock market story There were 3 citizens living on this island country. "A" owned the land. "B" and "C" each owned 1 dollar. "B" decided to purchase the land from "A" for 1 dollar. So, "A" and "C" now each own 1 dollar while "B" owned a piece of land that is worth 1 dollar. The net asset of the country = 3 dollars. "C" thought that since there is only one piece of land in the country and land is non producible asset, its value must definitely go up. So, he borrowed 1 dollar from "A" and together with his own 1 dollar, he bought the land from "B" for 2 dollars. "A" has a loan to "C" of 1 dollar, so his net asset is dollar. "B" sold his land and got 2 dollars, so his net asset is 2 dollars. "C" owned the piece of land worth 2 dollars but with his 1 dollar. debt to "A", his net asset is 1 dollar. he net asset of the country = 4 dollars. "A" saw that the land he once owned has risen in value. He regretted selling it. Luckily, he has a 1 dollar loan to "C". He then borrowed 2dollars from "B" and acquired the land back from "C" for 3dollars. The payment is by 2 dollars cash (which he borrowed) and cancellation of the 1 dollar loan to"C". As a result, "A" now owned a piece of land that is worth 3 dollars. But since he owed "B" 2 dollars, his net asset is 1 dollar. "B" loaned 2 dollars to "A". So his net asset is 2 dollars. "C" now has the 2 dollars. His net asset is also 2 dollars. The net asset of the country = 5 dollars. A bubble is building up. "B" saw that the value of land kept rising. He also wanted to own the land. So he bought the land from "A" for 4 dollars. The payment is by borrowing 2 dollars from "C" and cancellation of his 2 dollars loan to "A". As a result, "A" has got his debt cleared and he got the 2 coins. His net asset is 2 dollars. "B" owned a piece of land that is worth 4 dollars but since he has a debt of 2 dollars with "C", his net asset is 2 dollars. "C" loaned 2 dollars to "B", so his net asset is 2 dollars. The net asset of the country = 6 dollars. Even though, the country has only one piece of land and 2 dollars in circulation. Everybody has made money and everybody felt happy and prosperous. One day an evil wind blowed. An evil thought came to "C"'s mind.'Hey, what if the land price stop going up, how could "B" repay my loan. There are only 2 dollars in circulation, I think after all the land that "B" owns is worth at most 1 dollar only. "A" also thought the same. Nobody wanted to buy land anymore. In the end, "A" owns the 2 dollar coins, his net asset is 2 dollars. "B" owed "C" 2 dollars and the land he owned which he thought worth 4 dollars is now 1 dollar. His net asset become -1 dollar. "C" has a loan of 2 dollars to "B". But it is a bad debt. Although his net asset is still 2 dollar, his heart is palpitating. The net asset of the country = 3 dollars again. Who has stolen the 3 dollars from the country? Of course, before the bubble burst "B" thought his land worth 4dollars. Actually, right before the collapse, the net asset of the country was 6 dollars on papers. His net asset is still 2 dollar, his heart is palpitating. The net asset of the country = 3 dollars again. "B" had no choice but to declare bankruptcy. "C" has to relinquish his 2 dollars bad debt to "B" but in return he acquired the land which is worth 1 dollar now. "A" owns the 2 coins, his net asset is 2 dollars. "B" is bankrupt, his net asset is 0 dollar. ("B" lost everything) "C" got no choice but end up with a land worth only 1 dollar ("C" lost one dollar) The net asset of the country = 3 dollars. There is however a redistribution of wealth. END OF THE ANECDOTE "A" is the winner, "B" is the loser, "C" is lucky that he is spared. ANALYSIS TIME Few points worth noting: When a bubble is building up, the debt of individual in a country to one another is also building up. This story of the island is a close system whereby there is no other country and hence no foreign debt. The worth of the asset can only be calculated using the island's own currency. Hence, there is no net loss. An over damped system is assumed when the bubble burst, meaning the land's value did not go down to below 1 dollar. When the bubble burst, the fellow with cash is the winner. The fellows having the land or extending loan to others are the loser.. The asset could shrink or in worst case, they go bankrupt. If there is another citizen "D" either holding a dollar or another piece of land but he refrained to take part in the game, he will, at the end of the day, neither win nor lose. But he will see the value of his money or land go up and down like a see-saw. When the bubble was in the growing phase, everybody made money. If you are smart and know that you are living in a growing bubble, it is worthwhile to borrow money (like "A") and take part in the game. But you must know when you should change everything back to cash. Instead of land, the above applies to stocks as well. The actual worth of land or stocks depend largely on psychology.

Related questions

Insert the missing word The expression burst their banks is used twice such is an instance of poor writing?

The term burst their banks means they surpassed their expectations.


What river in wales burst its banks on Tuesday?

Yes


Why do rivers burst their banks?

well it is because thy just have too


What are floods often caused by?

Floods are caused when the River banks burst


Why did the Cumbrian floods start?

because there was heavy rainfall and the water burst it's banks


What caused the cumbian floods?

wibbly wobbly timmy wimmie stuff no it raind then it burst its banks


What are the names of the two rivers that flooded in Boscastle?

the river Valency burst its banks, no other main one. :)


What was the name of the river that burst its banks causing Britains summer floods?

another term for "social goup"


What country in Germany is famous for banks?

er, i don't think you realise but there are no countries in Germany so no country will ever be famous for its banks in Germany. sorry to burst your bubble :) xx


Where does a river flood?

well i don't know but it is really rain fall and how fast it is giong so then it burst it banks


Where does flood happen?

It happens when rivers burst their banks because of excessive rainfall. The Severn (U.K.) burst its banks BADLY in 2007, and the Amazon does is anually.


How long did it take to clean up the flood in boscastle 1963?

1 whole year because the river Jordan burst its banks