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Cushion
CushionIn the context of project financing, the extra amount of net cash flow remaining after expected debt service. RELATED TERMS-------------------------------------- Project The asset constructed with or owned via a project financing, which is expected to produce cash flow at a debt-service coverage ratio sufficient to repay the project financing. Cash The value of assets that can be converted into cash immediately, as reported by a company. Usually includes bank accounts and marketable securities, such as government bonds and banker's acceptances. Debt Money borrowed. SIMILAR TERMS-------------------------------------- CUSHING Credit Union CUSHING is a credit union with head office in CUSHING, OK Cushion theory The theory that a stock with many short positions taken in it will rise, because these positions must be covered by the stock. PREVIOUS AND NEXT TERMS-------------------------------------- Current production rate The highest interest rate permissible on current Government National Mortgage Association, mortgage-backed securities. Current rate method The translation of all foreign currency balance sheet and income statement items at the current exchange rate. Current ratio Indicator of short-term debt-paying ability. Determined by dividing current assets by current liabilities. The higher the ratio, the more liquid the company. Current yield For bonds or notes, the coupon rate divided by the market price of the bond. Current/noncurrent method The translation of all of a foreign subsidiary's current assets and liabilities into home currency at the current exchange rate while noncurrent assets and liabilities are translated at the historical exchange rate. Cushion Cushion theory The theory that a stock with many short positions taken in it will rise, because these positions must be covered by the stock. Custodial fees Fees charged by an institution that holds securities in safekeeping for an investor. Custodian 1) A bank, agent, trust company, or other organization responsible for safeguarding financial assets. 2) The individual who oversees the mutual fund assets of a minor's custodial account. Custodian bank Applies mainly to international equities. Bank or other financial institution that keeps custody of stock certificates and other assets of a mutual fund, individual, or corporate client. Custodian trustee A bank, financial institution or other entity that has the responsibility to manage or administer the custody or other safekeeping of assets for other persons or institutions. We thank you for using the Financial Dictionary to search for Cushion. If you have a better definition for Cushion than the one presented here, please let us know by making use of the suggest a term option. This definition of Cushion may be disputed by other professionals. Our attempt is to provide easy definitions on Cushion and any other medical topic for the public at large.
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