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What is all asset debenture?
An all asset debenture is a type of secured debt instrument that grants the lender a claim over all the assets of the borrower in the event of default. This means that the borrower uses their entire asset base as collateral, providing greater security to the lender. All asset debentures are commonly used by companies to raise funds while allowing them to retain operational control over their assets. However, they can increase the risk for the borrower, as failing to meet obligations could result in the loss of all their assets.
What is the difference between fictitious assets and intangible Asset?
Fictitious assets-fictitious assets are deffered revenue expenditure whose benefit is derived over long period of time.Even accumalated losses are also fictitious assets as they are written off over a period of time.All fictitious assets are intangible but all intangible assets are not fictitious.ex goodwill.patents,trademarks,copyrights are intangible but not fictitious.following are the examples of fictitious assets are-preliminary expenses,discount on issue on debenture and shares,underwriting commission,miscellaneous expenditure,profit and loss(dr).
What is legal definition of business days regarding contracts in Texas?
Legal definition of "Business Days" all days excluding Saturday, Sunday, and Federal Holidays.
What is the definition of an IRA Rollover?
The definition of an IRA Rollover is when an individual can take some or all of there assets from one IRA acount and Reinvest in another IRA within 60 days.
What is the definition of Weighted average cost?
Weighted average cost includes all types of finances company uses to finance it's business like equity finance, debt finance, loan or debenture etc.
In salomon v salomon how many judges thought mr broderip should be paid on the debenture he had purchased from mr salomon?
In the case of Salomon v. Salomon & Co. Ltd., the House of Lords held that Mr. Broderip should not be paid on the debenture he had purchased from Mr. Salomon. The decision was unanimous among the judges, with all five Law Lords agreeing that the company was a separate legal entity and that the debenture was void. Therefore, Mr. Broderip's claim was dismissed.
Is armor piercing ammo legal?
It all depends on your definition of "armor" and "armor piercing".
What is the definition of household assets?
All assets, which if destroyed by fire or floods will have to be paid for to replace. Furniture, Cushion, Curtains, utensils, grocery, telephones, any improvements done internally, camera, coin collection, passports etc
What countries' illegally poach?
All poaching is illegal, that's the definition of it. If it was legal it'd be called hunting.
What is the legal definition of estate?
An estate is comprised of all the property a living person owns or all the property a decedent owned at the time of their death.
Can an executor withhold information concerning assets to the heir of an estate?
The executor must file an inventory of assets with the court and at the end of the probate procedure they must file an accounting to notify the court where all the assets were spent or distributed. You can visit the court and review all the filings in the case. If they withhold information or assets from the court they will be held personally liable and can be removed. If you have proof you should notify the court.
What happens to marital assets in a divorce by default?
It depends on the judge's ruling in the decree. In the absence of the respondant they may award it all to the petitioner - OR they may rule that a certain amount of the marital assets be escrowed for a certain length of time until all legal efforts to to find the respondant are exhausted.
