Less Applied credit 1 210 702 1 210 702

Less Applied credits (4 847 800)

A debtor, I take it. Yep.

Less Applied credits (3 284 179)

Less Applied credits

Without fundamental changes in its economic growth pattern, it is difficult to imagine how China can become an immature creditor lender and a mature creditor lender.

Japan is a net creditor and largely finances its debt domestically.

Japan also became the world s largest creditor and largest donor of foreign aid.

If there is a net gain, this is credited to miscellaneous income.

The recommendation is that these balances be applied against their assessed contributions due in 2006.

Hence, everybody waits for others to move first, creating obvious delay.

The central issue is the scope of the power and, in particular, the inducements that can be offered to a potential creditor to encourage it to lend.

Britain s transformation from international creditor to international debtor during the Great War gave the dollar a second wind in its battle with sterling.

as income from staff assessment and will be credited to the Tax Equalization Fund established by the General Assembly in its resolution 973 (X) of 15 December 1955.

Savings on or the cancellation of obligations relating to the RPTC are credited to the special account approved by the General Conference.

(f) Grantor means a person that creates a security right in one or more of its assets in favour of a secured creditor to secure either its own obligation or that of another person (see debtor).

(a) The title of a creditor who retains title to goods to secure payment of the purchase price of the goods or its economic equivalent under a financial lease or hire purchase agreement and

(a) Enable a potential secured creditor to determine, in an efficient manner and with a high degree of certainty prior to extending credit, the priority that the security rights would have over competing claimants and

First, even if each individual debt holder benefits, he or she will benefit even more if everybody else cuts the face value of their debt and he or she does not.

In a closed economy, to every credit there must a corresponding debt. But consider individual countries some run a large foreign debt, while others maintain a large creditor position.

If the value of the product or mass is lower than the value of the goods, the secured creditors share the loss proportionately (e.g. if the value of the cake is 8, each secured creditor gets 4).

These circumstances may qualify (under national law) as creditors default' (the consignee being the creditor of the carrier), agent (or bailee) by necessity' (the carrier being such agent or bailee) and the like.

At the year end, cash, investments and sundry accounts receivable in currencies other than United States dollars are translated at the applicable United Nations rates of exchange. Exchange differences are debited, credited to the General Fund.

However, in the case of the United States, as there are multiple assessed contributions due, including for various active peacekeeping missions, the two Tribunals and the regular budget, it would not be appropriate for the Administration unilaterally to apply the credit to any one particular assessment.

b Includes a total amount of 74,459, which was applied as a credit against the outstanding beginning balances of the Russian Federation to UNAMIC in accordance with General Assembly decision 47 456 of 23 December 1992.

Inflation and interest rates are falling, the country is running a trade surplus, foreign investment is flowing in at a high rate, and the government has more than paid off its debts to foreigners, becoming a net creditor to the rest of the world.

It also includes a total amount of 8,024, which was applied as a credit against the outstanding beginning balances of the Federal Republic of Yugoslavia to UNAMIC in accordance with Assembly decision 47 456 of 23 December 1992.

c Includes a total amount of 2,528,989, which was applied as a credit against the outstanding beginning balances of the Russian Federation to UNTAC in accordance with General Assembly decision 47 456 of 23 December 1992.

It also includes a total amount of 274,462, which was applied as a credit against the outstanding beginning balances of the Federal Republic of Yugoslavia to UNTAC in accordance with Assembly decision 47 456 of 23 December 1992.

Savings on or the liquidation of prior period obligations in respect of all other technical activities are credited to individual projects as a reduction of current period expenditure in accordance with UNDP reporting requirements.

Similarly, third parties seeking to determine whether any secured creditor is claiming a security right in the specified types of assets or in intangible property will need to search in the registration system of only one State.

In paragraph 47 of its report, the Board recommends that the Administration apply the provisions of regulation 4.12 of the Financial Regulations and Rules of the United Nations by crediting the balance of the tax equalization accounts of a Member State against the assessed contributions due from that Member State in the following year.

The law should provide that a security right in a negotiable instrument that has been made effective against third parties by a method other than possession of the instrument by the secured creditor is subordinate to the rights of a buyer, another secured creditor or other transferee in a consensual transaction who either