In-substance defeasance

Defeasance whereby debt is removed from the balance sheet but not cancelled. The New York Times Financial Glossary

Financial and business terms. 2012.

Look at other dictionaries:

  • in-substance defeasance — An advanced refunding in which the debtor is not legally released from being the primary obligor on the refunded bonds, but the possibility of the debtor having to make additional payments is considered remote under criteria provided by FAS 76.… …   Financial and business terms

  • defeasance — The legal release of a debtor from being the primary obligor under the debt, either by the courts or by the creditor. Also called legal defeasance. See in substance defeasance The setting aside by a borrower of cash or bonds sufficient to service …   Financial and business terms

  • Economic defeasance — See: in substance defeasance. The New York Times Financial Glossary …   Financial and business terms

  • economic defeasance — See: in substance defeasance …   Financial and business terms

  • Comptabilite creative — Comptabilité créative La comptabilité créative désigne l ensemble des techniques utilisées en comptabilité par une entreprise pour modifier légalement la présentation de ses comptes dans un sens plus favorable à ses attentes. Cette expression… …   Wikipédia en Français

  • Comptabilité créative — La comptabilité créative désigne l ensemble des techniques utilisées en comptabilité par une entreprise pour modifier légalement la présentation de ses comptes dans un sens plus favorable à ses attentes. Cette expression correspond à la… …   Wikipédia en Français

  • ОБЛИГАЦИЯ — BONDПроцентный долговой сертификат, один из серии составляющих ссуду правительству или деловой корпорации или офиц. обещание заемщика выплатить кредитору определенную сумму денег в указанную будущую дату с гарантией или без нее и подписанное и… …   Энциклопедия банковского дела и финансов

  • аннулирование, уничтожение, отмена; оговорка в документе об отмене другого документа, прекращение права, условие отмены — В общем значении: положение договора или контракта, согласно которому совершение некоторых конкретных действий делает контракт недействительным. Финансы корпорации: сокращение от термина in substance defeasance аннулирование по существу .… …   Финансово-инвестиционный толковый словарь

  • List of law topics (A-E) — NOTOC Law [From Old English lagu something laid down or fixed ; legal comes from Latin legalis , from lex law , statute ( [http://www.etymonline.com/index.php?search=law searchmode=none Law] , Online Etymology Dictionary; [http://www.m… …   Wikipedia

  • finish — I verb accomplish, achieve, arrive at the end of, bring to a close, bring to an end, bring to completion, cap, carry out, carry through, cease, close, come to a close, come to an end, complete, conclude, conficere, consummare, consummate,… …   Law dictionary

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