The rating agencies miscalculated the value of asset backed securities.

Costs and expenses of maintaining value of the encumbered asset

Financial bubbles emerge wherever liquid asset markets exist.

The dollar has lost what any reserve asset should have a stable value.

Even if the asset pool declines in value, the fund s managers keep the value of each share at 1.00 by rounding upward the fund s real value.

The dysfunctional credit markets caused by the uncertain value of asset backed securities means that banks and other financial institutions are unable to raise funds and are unwilling to lend.

LONDON Shorting is a tactic well known among the financial cognoscenti. It means betting against an asset with borrowed money in the expectation of making a profit when its value goes down.

On 31 December 2004, the acquisition value of non expendable property recorded in the PeopleSoft and Asset Trak databases was 492,748,146, and the depreciated value was 166,218,375.

The purchase and sale of foreign currency or gold as a financial asset

Further to this it is the cost of the asset less any salvage value over its estimated useful life.

(a) The interests of the third party will be protected against diminution in the value of the asset and

In paragraph 47 of its report, the Board recommended that UNRWA examine the discrepancies between the value cards and general ledger and take the steps necessary to reflect asset balances accurately in the notes to the financial statements.

It means betting against an asset with borrowed money in the expectation of making a profit when its value goes down.

First and foremost, financial authorities must accept responsibility for preventing asset bubbles from growing too big.

The connection between financial risk and asset price swings emerges from the use of a new approach Imperfect Knowledge Economics (IKE) to understanding risk and fluctuations in asset markets.

Indeed, restructuring undermines the foundation of the entire financial system the safe asset role of sovereign debt.

Workers and other asset holders place a very high value on safety, security, and predictability, so a defined benefit pension plan is extremely valuable.

It supports the purchase of equities by central banks to reduce asset price volatility, restore the value of wealth, and prevent a future market crash.

If asset price bubbles develop, balance sheets may look sound individually, but the entire network of interlinked asset liability structures will become increasingly dependent on overvalued collateral, and thus vulnerable to financial contagion.

In Europe, particularly Germany, a mortgage backed security ( Pfandbrief ) is an ultra safe asset, as normally banks finance no more than 60 of a house s value.

Apart from the fact that it is enshrined in Standard Accounting Statement (SAS) 3 and IAS 16 that value of asset should be carried at the net book value, it is the best way of consciously presenting the value of assets to the owners of the business and potential investor.

There is now a serious risk of a systemic meltdown in US financial markets as huge credit and asset bubbles collapse.

The European Union s approach to bank regulation encouraged financial institutions to load up on government debt supposedly a risk free asset.

Instead, excess liquidity and fresh asset bubbles could emerge in the world s financial and housing markets, impeding, if not torpedoing, growth.

An investor s knowledge of the results of a decision to buy this or that asset, financial or real, is likewise imperfect.

Evidently, the market got some things like the value of certain financial securities horrendously wrong.

A comprehensive audit approach, which integrates financial, compliance and value added aspects, is being followed.

(b) Enable grantors to create more than one security right in the same asset and to thereby use the full value of their assets to facilitate obtaining credit.

Second, it increases global asset demand, generating asset price inflation.

The eurozone s sovereign risk problems could worsen, leading to another round of asset price corrections, global risk aversion, volatility, and financial contagion.

The collapse of asset bubbles in the 1990 s left Japan s financial system and private sector saddled with a huge debt overhang.

The Board reiterated its recommendation that UNRWA implement the asset module included in the financial management system as a matter of urgency.

First, the value of financial institutions investments should immediately be marked down to their market values.

At the same time, the asset value of the United Nations Joint Staff Pension Fund has grown, from 7.0 billion to 29.4 billion as at the end of 2004.

The unraveling of such a network through panic and runs against financial institutions, asset fire sales, credit crunches, and the like then becomes a nightmare for financial supervisors and monetary authorities alike.

The ratio of market value to book value, termed Tobin s Q by financial economists, is a standard measure for evaluating how effectively firms use the capital they have.

The asset that is purchased need not be a physical asset.

Today s low interest rate environment is causing a flood of financial flows to emerging economies, raising the risk of inflation and asset bubbles.

An asset diet rich in equities and direct investment and low in debt cannot substitute for other elements of fiscal and financial health.

(ii) The seller or financial lessor of the same encumbered asset that has retained title to it pursuant to an acquisition security right

Asset recovery

Asset management

Haldane bases his analysis on the trend in the Gross Value Added (GVA) of the financial sector.

Their steady value makes them appear safer to investors than they are to the world s financial system.

In such cases, the Panel found that the financial statements had no probative value and disregarded them.