what is uncompensated asset tranfer
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- The transfer of an asset or income without adequate compensation, known as an uncompensated transfer (formerly called an improper transfer), may result in a period of ineligibility for Medical Assistance (MA) payment of long-term care (LTC) services. The transfer provisions do not apply to basic MA or MinnesotaCare.ransfers can result in a period of ineligibility, known as a transfer penalty, if the client: l did not receive adequate compensation, and. l there is no transfer penalty exception.
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- 1. Unencumbered assets referred to in this item do not necessarily correspond to sufficient high-quality liquid assets as defined in liquidity requirements under Basel III. 2. Unencumbered assets referred to in this item are computed by SMFG on a pro forma basis. Accordingly, it does not necessarily correspond to its official financial data. For assets pledged for financial purposes, please refer to Annual Report 2014 (p.87).
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- : assets segregated as a fund for the purpose of meeting a specific or general contingency and usually accompanied by a contingency reserve. ADVERTISEMENT. This word doesn't usually appear in our free dictionary, but the definition from our premium Unabridged Dictionary is offered here on a limited basis.
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The biggest mistake investors are making right now Here are a few examples: 1. Leverage: According to Bloomberg, the $2.45 billion Mainstay Unconstrained Bond Fund is currently holding 198.4% of its assets in corporate bonds. The $28 billion Blackrock Strategic Income Opportunities Fund, the largest of the group, is currently 202% long the mortgage bond market.
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What is a 'Compensating Balance' What is a 'Compensating Balance'. A compensating balance is a minimum balance that must be maintained in a bank account, and the compensating balance is used to offset the cost incurred by a bank to set up a business loan.
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Nonqualified Deferred Compensation Audit Techniques Guide (June 2015) An unfunded arrangement is one where the employee has only the employer's mere promise to pay the deferred compensation benefits in the future, and the promise is not secured in any way.
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- ACM » Topics » Unbilled Accounts Receivable and Billings in Excess of Costs on Uncompleted Contracts. This excerpt taken from the ACM 10-K filed Nov 27, 2009. Unbilled Accounts Receivable and Billings in Excess of Costs on Uncompleted Contracts.
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defeasance A provision in a loan or bond removing it as a liability on a balance sheet if cash or a portfolio is set aside for debt service. Usually defeasance occurs when a borrower owns a portfolio of Treasury securities, the coupons of which are used to service a debt. When the borrower has set aside sufficient assets to cover the debt, the debt does not need to be recorded on a balance sheet.
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Why Invest In Unconstrained Bond Funds? Unconstrained funds have the ability to limit interest rate risk while adding alpha through diversification and access to a broad opportunity set. They can also eliminate interest rate risk by maintaining shorter durations than core bond funds – an advantage if rates start to rise.
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- Figure 3: Voltage profiles of an uncompensated line Assume that identical shunt reactors are connected from each phase to neutral at both ends of the same line during light load conditions, providing 75% compensation (the reactors are removed during heavy load conditions).
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- Inexpensive: An electric convection baseboard heater is the cheapest--but also least efficient--type of baseboard heater you can buy. One great advantage of baseboard heaters: cost. You can purchase a 72, 1,500 watt, 120/240 V heater for as little as $45 to $60 from home improvement stores.
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COMPENSATING BALANCE The noun COMPENSATING BALANCE has 1 sense: 1. a minimum credit balance that a bank may require a borrower to keep on deposit as a condition for granting a loan; a common requirement for establishing a line of credit at a bank. Familiarity information: COMPENSATING BALANCE used as a noun is very rare. Dictionary entry details. • COMPENSATING BALANCE (noun).
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What Is an Unconscionable Contract? An unconscionable contract is one that is so one-sided that it is unfair to one party and therefore unenforceable under law.It is a type of contract that leaves one party with no real, meaningful choice, usually due to major differences in bargaining power between the parties. typical example of an unconscionable contract is where one party is an experienced dealer in a type of business, while the other party is an average consumer. Suppose that the business dealer requires the consumer to sign a contract.
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What is a 'Deferred Tax Asset' What is a 'Deferred Tax Asset' Deferred tax asset is an accounting term that refers to a situation where a business has overpaid taxes or taxes paid in advance on its balance sheet. These taxes are eventually returned to the business in the form of tax relief, and the over-payment is, therefore, an asset for the company.
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- An Unsecured Tax is an ad-valorem (value based) property tax that is the liability of the person or. entity assessed for the tax. Because the tax is not. secured by real property (such as land) the tax is. called UNSECURED.. WHAT TYPE OF PROPERTY ARE ASSESSED AS.
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The biggest mistake investors are making right now Allow us to introduce you to the Wonderful World of Unconstrained Bond Funds. The popularity of this type of fixed income fund has exploded, and it is entirely a creature of the zero interest rate percentage environment.
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DEFINITION of 'Unsatisfied Judgment Fund' The unsatisfied judgment fund is used to help the injured and not-at-fault driver pay for medical bills related to the accident.
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Summary of Statement No. 54 In governmental funds other than the general fund, assigned fund balance represents the remaining amount that is not restricted or committed. Unassigned fund balance is the residual classification for the government’s general fund and includes all spendable amounts not contained in the other classifications.
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simple financial analysis IFRS – Reconciliation of Funded Status to Net Pension Asset/Liability. This is the funded status adjusted for unrecognized gains/losses and as reported on the balance sheet under IFRS. Remember that under US GAAP, the ‘unadjusted’ or true funded status is reported on the balance sheet.
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- In-House Asset Provisions. An “In-House Asset” under s.71 of the SISA is an asset of an SMSF that is a loan to, or an investment in, a related party of the SMSF, or an asset of the SMSF subject to a lease between a trustee of an SMSF and a related party of the SMSF.ypes of Assets that can be acquired by a Self-Managed Superannuation Fund from a Related Party. Related Party. The definition of a “Related Party” under s.10 of the Superannuation Industry (Supervision) Act 1993 (“SISA”) is very broad and includes: 1  Members of the Self-Managed Superannuation Fund (“SMSF”);
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- This program applies to sentenced and unsentenced inmates in Bureau custody. It also applies to sentenced and unsentenced inmates designated to any prison, institution, or facility in which persons are held in custody by direction of, or. under an agreement with, the Bureau of Prisons.
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Stranded asset In this context, stranded assets are also defined as an asset that has become obsolete or non-performing, but must be recorded on the balance sheet as a loss of profit.tranded assets can be caused by a variety of factors and are a phenomenon inherent in the ' creative destruction ' of economic growth, transformation and innovation, as such they pose risks to individuals and firms and may have systemic implications.
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The Federal Reserveâs Unsound Policies The Federal Reserve’s Unsound Policies. The Federal Reserve is increasing the long-term risk in our financial system through both its monetary and regulatory policies. It is simultaneously redistributing wealth from moderate-income savers to high-income households and laying the foundation for another housing bubble. From 1914 until 2007 the Fed's balance sheet grew to $900 billion.
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Defined asset fund The dividends and/or coupons from these securities are passed on to unit holders, just as in a mutual fund. A defined asset fund works like this, with the addition that, at a certain maturity, the assets in the fund are liquidated and distributed to unit holders. 1  Facebook.
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- (12 reviews). An Asset Dissipation Mortgage is based on your Cash Assets only. The lender will take your liquidity and amortize it over a specific period of time and rate (depending on the lenders program and the product you choose). This then becomes the income that is used to qualify.
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Asset-backed security An asset-backed security is a security whose income payments and hence value are derived from and collateralized by a specified pool of underlying assets. The pool of assets is typically a group of small and illiquid assets which are unable to be sold individually. Pooling the assets into financial instruments allows them to be sold to general investors, a process called securitization, and allows the risk of investing in the underlying assets to be diversified because each security will represe