Search dedicated fund and thousands of other words in English definition and synonym dictionary from Reverso. Investopedia does not include all offers available in the marketplace. Required Capital Amount means, as of any date of determination, an amount equal to the greater of (a) 3% of the Aggregate Commitment under the Credit and Security Agreement, and (b) the product of (i) 1.5 times the product of the Default Ratio times the Default Horizon Ratio, each as determined from the most recent Monthly Report received from the Servicer under the Credit and Security Agreement, and (ii) the Outstanding Balance of all Receivables as of such date, as determined from the most recent Monthly Report received from the Servicer under the Credit and Security Agreement. Financing Sources means the entities that have committed to provide or arrange or otherwise entered into agreements in connection with the Debt Financing or any other Available Financing, including any party to the Debt Commitment Letter and the parties to any joinder agreements, indentures or credit agreements entered pursuant thereto or relating thereto, together with their respective Affiliates, and their and their respective Affiliates officers, directors, employees, agents and representatives and their successors and assigns. dedicated funding attenuates the desire of the funding body, the 0 && stateHdr.searchDesk ? The Tax Cuts and Jobs Act of 2017 (TCJA) diminishes the value proposition associated with PPLI and PPVA. When investment management firms look to enter the IDF marketplace, they often look to do so with a flagship product or investment strategy that has had fundraising success in the past. We want to provide the best possible experience for our users. We also reference original research from other reputable publishers where appropriate. legislature or city council, to allocate other funds to the Restricted fund does not include a fund over which the owner has complete control. Dedicated funding is the allocation of funds for a program or policy in a manner that removes the funding question from the annual, biennial, or usual review and approval process of a. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. Process of transferring data to a storage medium? insulate funding for a complex long-term policy from the vagaries democracy to act via a referendum or public vote. As a result, the general industrywide consensus is that portfolio transparency can be provided to underlying Policyholders so long as such transparency is shared a reasonable amount of time after the close of a given investment period and reflects the holdings as of the close of the investment period (e.g., 10 days after month end). Gender equality and gender-based violence | Global Focus Liability-driven investing is appropriate for situations where future liabilities can be predicted with some degree of accuracy. Contributed Capital at any time, the aggregate amount which shall theretofore have been received by the Borrower as a contribution to its capital or as consideration for the issuance of partnership interests in the Borrower; Contributed Capital shall in any event exclude the proceeds of any Specified Affiliate Debt and any Restricted Equity. A key point made within PLR 9433030 is that the Policyholder did not have the right to select any particular investments within the funds and that discussions were in fact limited to broad investment guidelines (e.g., total rate of return for the funds, duration, primary investments, investment objectives, etc.). Capital Markets Indebtedness means any Indebtedness consisting of bonds, debentures, notes or other similar debt securities issued in (a) a public offering registered under the Securities Act, (b) a private placement to institutional investors that is resold in accordance with Rule 144A or Regulation S under the Securities Act, whether or not it includes registration rights entitling the holders of such debt securities to registration thereof with the SEC or (c) a private placement to institutional investors. Approved Fund means any Fund that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers or manages a Lender. Fortunately, the IRS has issued PLRs on the topic of IDF investment strategies mimicking taxable investment strategies. Web page addresses and e-mail addresses turn into links automatically. How much do you need for your equipment financing? IDF investment strategies include, but are not limited to, long-short equity, event-driven, multistrategy, fund of funds, multiasset, private credit, MLPs, systematic, fixed income, global macro, private equityand real estate. for the program over time. WMATA may issue Dedicated Capital Funding Debt to assist in the financing of one or more years of the Capital Budget. Any unused funds will be retained by the Society to support EMR adoption. PLR 201436005 dated May 29, 2014 analyzes such a scenario whereby an Insurance Fund (i.e., available exclusively to the segregated asset accounts of life insurance companies) has an identical investment objective and strategy and makes investment decisions and trades at the same time as a Retail Fund (i.e., a publicly available fund). Invested Capital means the amount calculated by multiplying the total number of Shares purchased by Stockholders by the issue price at the time of such purchase, reduced by the portion of any Distribution that is attributable to Net Sales Proceeds and by any amounts paid by the Company to repurchase Shares pursuant to the Companys plan for the repurchase of Shares. Get started now and have a decision later today. unicef.org MultiUn Loans From $10-250k Terms (Month's) 24-72 Add dedicated to one of your lists below, or create a new one. First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated First Lien Net Indebtedness as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period. Affiliated Debt Fund means a Sponsor Affiliated Lender that is a bona fide diversified debt fund that is primarily engaged in, or advises funds or other investment vehicles that are engaged in, making, purchasing, holding or otherwise investing in commercial loans, bonds and similar extensions of credit or securities in the ordinary course. Unreturned Capital with respect to each Unitholder means the excess, if any, of (i) such Unitholders aggregate Capital Contributions over (ii) the aggregate amount of all distributions made to such Unitholder pursuant to or in accordance with Section 4.4(a). not-set. Delegated Functions means a function of the Director or the Lord Chancellor delegated to you by an Authorisation; Pooled Fund means any pooled fund established and maintained by the Partners as a pooled fund in accordance with the Regulations Pooled Fund Manager means such officer of the Host Partner which includes a Section 113 Officer for the relevant Pooled Fund established under an Individual Scheme as is nominated by the Host Partner from time to time to manage the Pooled Fund in accordance with Clause 8.2. Cameron Vail is the director of fund development and Jonas Katz is a principal and the chief marketing officer, both at SALI Fund Services. dedicated funding. For clarity, PLR 20152003 cites specific criteria that led to the ruling: (i) the portfolio management team for the IDF was a different team than the one that managed the portfolio for the Taxable Fund; (ii) the IDF and Taxable Fund could invest in some of the same stocks, but the IDF and Taxable Fund were substantially different; (iii) the Taxpayer did not directly or indirectly influence the selection of investments within the IDF; and (iv) the IDF did not invest in the Taxable Fund itself. Lender Affiliate means, (a) with respect to any Lender, (i) an Affiliate of such Lender or (ii) any entity (whether a corporation, partnership, trust or otherwise) that is engaged in making, purchasing, holding or otherwise investing in bank loans and similar extensions of credit in the ordinary course of its business and is administered or managed by a Lender or an Affiliate of such Lender and (b) with respect to any Lender that is a fund which invests in bank loans and similar extensions of credit, any other fund that invests in bank loans and similar extensions of credit and is managed by the same investment advisor as such Lender or by an Affiliate of such investment advisor. Types of Plans and Taxation, Collateralized Loan Obligation (CLO) Structure, Benefits, and Risks, Liability-Driven Investment (LDI) Meaning, Examples of Strategies, Immunization: Definition, Investing Strategies, and Examples, The Dedicated Bond Portfolio in Pension FundsPart I: Motivations and Basics. A liability-driven investment or investing is primarily slated toward gaining enough assets to cover all present and future liabilities. Liability-driven investing strategies differ from a benchmark-driven strategy, which is based on achieving better returns than an external index such as the S&P 500 or a set of benchmarks representing various investment asset classes. The IDF marketplace could be shut down tomorrow by a change to tax laws. Acquisition Indebtedness Indebtedness of (A) the Borrower or any Restricted Subsidiary Incurred to finance or refinance, or otherwise Incurred in connection with, any acquisition of any assets (including Capital Stock), business or Person, or any merger or consolidation of any Person with or into the Borrower or any Restricted Subsidiary, or (B) any Person that is acquired by or merged or consolidated with or into the Borrower or any Restricted Subsidiary (including Indebtedness thereof Incurred in connection with any such acquisition, merger or consolidation). However, the PLR was issued with respect to a very specific set of events and circumstances and it is again recommended that the Investor Control Doctrine always be approached conservatively. Determining the least expensive portfolio with a matching duration and coupon can be mathematically challenging. She has been in the accounting, audit, and tax profession for more than 13 years, working with individuals and a variety of companies in the health care, banking, and accounting industries. For many businesses, the equipment you use is the lifeblood of your operation.We can help you get small equipment backed loans that keeps your business moving forward. PPLI and PPVA remain powerful tools for insulating ones multigenerational assets or charitable bequests from tax-rate risk regardless of the current political environment, given the compounding benefits of tax deferral over the long run will likely far outweigh the cost of the PPLI and/or PPVA. The use of "pick up" in this context comes from American slang and means becoming acquainted with, esp. This trend of structural innovation and movement towardacceptance of illiquidity in search of yield is likely to continue as IDFs originally designed for the institutional marketplace continue to make inroads at HNW insurance companies, enabling potential distribution opportunities. Only Donors Can Restrict Funds The maturation of the IDF marketplace and growing amounts of premium have led to a proliferation of investment options and a cadre of participants capable of efficiently building and attaching IDFs to one or multiple insurance company platforms. 'pa pdd chac-sb tc-bd bw hbr-20 hbss lpt-25' : 'hdn'">, de gran dedicacin, dedicado, dedicado/ada [masculine-feminine], dedicado, exclusivo, dedicado/-da [masculine-feminine], kendini adam/vakfetmi, yoluna ba koymu, ayrlm, engasjert, mlbevisst, samvittighetsfull, , , , Test your vocabulary with our fun image quizzes, Clear explanations of natural written and spoken English. not-set The Insurance Dedicated Fund Marketplace Explained Simplifying the education process for those entering or exploring this market. Funding Source means the entity indicated in the SCC. Dedicated fund means an account held by a certified nongovernmental organization which is sufficiently capitalized for the purpose of covering expenses associated with the management, monitoring, and enforcement of agricultural land easements and where such account cannot be used for other purposes. You can complete the definition of dedicated fund given by the English Definition dictionary with other English dictionaries: Wikipedia, Lexilogos, Oxford, Cambridge, Chambers Harrap, Wordreference, Collins Lexibase dictionaries, Merriam Webster. The company could determine the expected liabilities, then build a portfolio thatbased on the overall value plus interest paymentswould generate the correct amount of cash to pay the liabilities with little investment risk. UPDATED FACT SHEET: Bipartisan Infrastructure Investment and Jobs Dedicated Capital Funding Debt Definition | Law Insider Unused Q-Comp Day stipends (from persons who do not attend the day) shall revert to the District Q-Comp Dedicated fund. These include white papers, government data, original reporting, and interviews with industry experts. ' means any source of fund- Sample 1 Based on 1 documents Related to dedicated funding source Funding Source means the entity indicated in the SCC. Some examples include: Dedicated Funding does not need days or weeks to evaluate your business and make a decision about your loan. The Investing Risk of Underfunded Pension Plans, Portfolio Management Tips for Young Investors, Investment Time Horizon: Definition and Role in Investing, What Is a Pension? Constructing dedicated portfolios requires fixed-income expertise, high-level math, and optimization-theory knowledge and understanding of liabilities. Affiliated Manager means any Manager in which Borrower, Principal, or Guarantor has, directly or indirectly, any legal, beneficial or economic interest. Out of the 165 IDFs in the market, 84 are available at three or more insurance companies, 42 have over $50 million in assets under management, and 30 have over $100 million in assets under management. By contrast, unrestricted funds may be used for any legal purpose appropriate to the organization. Not only can we make the process faster and easier, but you will find that interest rates are as good or better than what you will be able to get from your local bank. Some argue that dedicated funding increases the amount available The provisions of the Internal Revenue Code governing PPLI, PPVA, and IDFs are the same rules that regulate the $2.1 trillion retail variable life insurance and retail variable annuity markets in the U.S. Dedicated Funding offers quick and simple financing solutions to help you purchase the equipment you need to meet the growth and goals of your business. The security and stability of investment-grade securities can limit returns, however. The Waste Tire Management Fund consist of all fees assessed pursuant to the authority granted in R.S. Residents of states with high state income tax rates such as California, Connecticut, New Jerseyand New York, will likely bear a higher net income tax burden due to the TCJA, as opposed to any sort of tax relief. Jul 12, 2019 By Jonas Katz and Cameron Vail The. Insurance companies have gone from only accepting typical hedge fund liquidity (e.g., a one-year lockup with quarterly liquidity upon 90 days notice) to now accepting much more restrictive liquidity terms often associated with private markets strategies (e.g., a three-year (or longer) initial lockup with annual withdrawals subject to an investor-level gate). Consequently, in considering residents of high-tax states, the structural alpha or tax-eliminating and tax-deferring benefits of PPLI and PPVA are bolstered, not diminished, as a result of the TCJA. Organizational meeting. We want to provide the best possible experience for our users. oj4 bequest to a specific purpose. The IDF marketplace has evolved dramatically over the years. Hans Daniel Jasperson has over a decade of experience in public policy research, with an emphasis on workforce development, education, and economic justice. Definition To top Restricted funds are monies set aside for a particular purpose as a result of designated giving. One is the desire to Gender-based violence (GBV) is a serious violation of human rights and a life-threatening health and protection issue and can take many forms such as intimate partner violence, sexual violence, child marriage, female genital mutilation and so-called 'honour crimes'. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. are a number of reasons to dedicate funding. Partnering with an experienced IDF solutions provider can help investment managers efficiently create an IDF with minimal expense, effectively understand the IDF approval process with multiple life insurance companies and avoid certain pitfalls associated with the common misconceptions described above. Accessed Nov. 5, 2020. Provider means a provider of any Services commissioned under the arrangements set out in this Agreement. However, there is also evidence that Funding can be 30:2418, and any other provisions of law authorizing the department to assess fees (Per R.S. dedicated fund definition | English dictionary for learners - Reverso We want to provide the best possible experience for our users. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Dont let low cash flow prevent you from getting the equipment you need to grow your business. CFA Institute. [approval] dedicated adjective dedication uncountable noun See full entry for 'dedicate' Collins COBUILD Advanced Learner's Dictionary. The meaning of DEDICATED is devoted to a cause, ideal, or purpose : zealous. Well send your contracts in a secure online format. Unsecured Longer-Term Indebtedness means any Indebtedness of the Borrower that (a) has no amortization or mandatory redemption, repurchase or prepayment prior to, and a final maturity date not earlier than, six months after the Maturity Date (it being understood that (i) the conversion features into Permitted Equity Interests under convertible notes (as well as the triggering of such conversion and/or settlement thereof solely with Permitted Equity Interests) shall not constitute amortization for the purposes of this definition and (ii) any mandatory redemption, repurchase or prepayment obligation or put right that is contingent upon the happening of an event that is not certain to occur (including, without limitation, a change of control or bankruptcy) shall not in and of itself be deemed to disqualify such Indebtedness under this clause (a) (notwithstanding the foregoing, in this clause (ii), the Borrower acknowledges that any payment prior to the Termination Date in respect of any such obligation or right shall only be made to the extent permitted by Section 6.12)), (b) is incurred pursuant to terms that are substantially comparable to market terms for substantially similar debt of other similarly situated borrowers as reasonably determined in good faith by Borrower (other than financial covenants and events of default, which shall be no more restrictive upon the Borrower and its Subsidiaries, prior to the Termination Date, than those set forth in this Agreement) (it being understood that put rights or repurchase or redemption obligations arising out of circumstances that would be Events of Default under this Agreement shall not be deemed to be more restrictive for purposes of this definition), and (c) is not secured by any assets of any Person. DEDICATED FUNDS RELATED TO THE PUBLIC GENEROSITYPART 4 - CER, THE INCOME AND EXPENDITURE ACCOUNT, 2019. Furthermore, the survey experiment did not ask respondents specific questions about the asylum seeker in their vignette, perhaps weakening the effect of the different types of asylum seekers and claims.
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