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When was Revenue Equalization Reserve Fund created?
Revenue Equalization Reserve Fund was created in 1956.
What is difference between fund and reserve?
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What was the first money market mutual fund?
The first money market mutual fund (MMMF) was created in 1971 and called the Reserve Fund
When was the first money market mutual fund?
The first money market mutual fund (MMMF) was created in 1971 and called the Reserve Fund
What is the purpose of a debt service reserve fund in a revenue bond issue?
A fund in which moneys are placed in reserve to be used to pay debt service if pledged revenues are insufficient to satisfy the debt service requirements. The debt service reserve fund may be entirely funded with bond proceeds at the time of issuance, may be funded over time through the accumulation of pledged revenues, or may be funded only upon the occurrence of a specified event (e.g., upon failure to comply with a covenant in the bond contract). In addition, issuers may sometimes authorize the provision of a surety bond or letter of credit to satisfy the debt service reserve fund requirement in lieu of cash. If the debt service reserve fund is used in whole or part to pay debt service, the issuer usually is required to replenish the fund from the first available revenues.
What was the Reserve Fund?
The Reserve Fund was the first money market mutual fund
When was the Reserve Fund created?
The Reserve Fund was created in 1971
Was the Reserve Fund the first money market mutual fund?
The Reserve Fund was the first money market mutual fund
When was State General Reserve Fund created?
State General Reserve Fund was created in 1980.
When was Revenue Equalization Reserve Fund created?
Revenue Equalization Reserve Fund was created in 1956.
What is another word for fund?
Another word for the verb "fund" is "finance." Another word for the noun "fund" is "treasury" or "reserve."
What is difference between fund and reserve?
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What is total capital?
Share capital plus reserve fund or equivalent to Total Shareholders fund
What was the first money market mutual fund?
The first money market mutual fund (MMMF) was created in 1971 and called the Reserve Fund
When was the first money market mutual fund?
The first money market mutual fund (MMMF) was created in 1971 and called the Reserve Fund
What year was the first money market mutual fund?
The first money market mutual fund (MMMF) was created in 1971 and called the Reserve Fund
Difference between Debenture Redemption Reserve and Capital redumption Reserve?
The Capital Redemption Reserve is a fund that secures a creditor. Debenture Redemption Reserve is for the purpose of security payments only.
