The alternative is to cut the face value of Greece s debt.

Although accounting rules often permit banks to price these assets at face value, it is generally believed that the fundamental value of many toxic assets has fallen significantly below face value.

Cost is defined as the nominal value plus or minus any unamortized premium or discount.

If we take this metaphor at face value, there is a surprising consequence.

Alternatively, the debt holders can agree to reduce the face value of debt, in exchange for some warrants.

In nominal terms, Italian and Spanish borrowing costs are indeed comparable to the levels of the late 1990 s.

When it does, it must write down the principal value of that debt by at least 50 .

And with our program set to cut both pockets to the nominal size, we are ready to cut our jaws

He has bent his bow, and set me as a mark for the arrow.

He hath bent his bow, and set me as a mark for the arrow.

The authorities will issue 35.2 billion in new securities, comprising 15 billion in par bonds, 11.9 billion in discount bonds and 8.3 billion in quasi par bonds.

And when they went IPO, their stock was at about 30 or 40 dollars and then plummeted, and it's never traded above 10.

The test statistic T in this instance could be set to be the sum of squares about the sample mean, divided by the nominal value for the variance (i.e.

This can be accomplished in two ways sharply cutting the interest rate paid by Greece, or reducing the face value of the debt.

The point at which credit risk becomes exchange rate redenomination risk is ambiguous.

To maintain growth, they need a nominal and real depreciation of their currency to reduce their trade deficits.

That's what the market is essentially saying if they're paying 12.00 a share for something that essentially has a book value of 6.00 per share.

Inflation has caused the face value of coins to fall below the hard currency value of the historically used metals.

For example, for the first time, North Korea s prime minister publicly apologized for a policy error the failure of the currency redenomination.

And let's say that its market price is I don't know, it is 12.00 per share.

He was Harley Chase's halfbrother, a big stockbroker in New York.

More importantly, the exit path would restore growth right away, via nominal and real depreciation, avoiding a decade long depression.

As a result, the average stock price during the payoff period would more accurately reflect the stock s actual value, improving the link between pay and performance.

The Troika s claims on Greece need not be reduced in face value, but their maturity would have to be lengthened by another decade, and the interest on it reduced.

But China would surpass the US in a relatively short period of time even if we measured both countries economies in nominal terms.

So, that was the case where the stock is trading at 3.00 per share.

Or we sell them for 5 per share to get the 5 million.

This approach has several advantages by leaving the face value of the debt unaltered, EU officials could argue that restructuring Greece s debt did not amount to a default, thereby limiting contagion.

Anne appointed him generalissimo of all English military forces on 17 April, and Lord High Admiral, the official but nominal head of the Royal Navy, on 20 May.

Now in this reality, if he's valuing what we have right now at essentially 1 per share he says it's worth a million dollars, you have a million shares, it's 1 per share.

Lastly, the division and nominal value of the shares had not been specified.

The person who's paying 12.00 a share is assuming that this is understated, the book value is understated.

But real interest rates did not fall enough, because nominal interest rates cannot go below zero.

A number of international statements advocate a one share one vote approach.

I'm going to arrow to the left once so that I can select another template

Moreover, interest rates cannot become negative in nominal terms, and rising public debt may increasingly disable fiscal policy.

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.

And inflation is like default a capital levy on holders of public debt, as it reduces the real value of nominal liabilities at fixed interest rates.

The dollar will remain important for many countries as a vehicle for intervention in foreign exchange markets, as well as for invoicing and for denominating internationally traded securities.

Investments shall be recorded in an investment ledger, which shall show all the relevant details for each investment, including, for example, face value, cost, date of maturity, place of deposit, proceeds of sale and income earned.

or actually it's the valuation either pre or post money would be 5 per share.

The Value of Being Undervalued

Prepayments involve paying off at par the outstanding stock of debt.

The Parties may note that the nominal budget increase of 5 per cent from the 2002 2003 budget to the 2005 budget translated into a significant decrease in the amount of available resources, mainly due to the impact of the depreciation of Usthe United States dollar against the Euro This resulted in severe financial limitations that affect the work of the secretariat.

Should always be cut to match the nominal work piece diameter