Financial Dictionary

This dictionary contains:
24549
financial terms

Project




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.

RELATED TERMS
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Asset
Is the taxable basis of a property, imposed by the municipality. Often it is at a fraction of the market value.

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.

Ratio
The relation between two quantifies expressed as the number of times one is greater than the other.



SIMILAR TERMS
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Project completion restriction
A type of clause, seen most often in municipal bond indentures, which requires the issuing party to sell debt securities (often in the form of revenue bonds) to finance the full completion of a particular project.

Project contracts
In the context of project financing, the suite of agreements underlying the project.

Project finance loan program
Program under which banks, the Ex-Im Bank, or a combination of both may extend long-term financing for capital equipment and related services for major projects.

Project financing
A form of asset-based financing in which a firm finances a discrete set of assets on a stand-alone basis.

Project link
An econometric model forecasting and describing the effects of changes in different economies on other economies.

Project loan certificate (PLC)
A primary program of Ginnie Mae for securitizing FHA-insured and coinsured multifamily, hospital, and nursing home loans.

Project loan securities
Securities backed by a variety of FHA-insured loans-primarily multifamily apartment buildings, hospitals, and nursing homes.

Project loans
Usually FHA-insured and HUD-guaranteed mortgages on multiple-family housing complexes, nursing homes, hospitals, and other special development.

Project notes (PN)
Notes issued by municipalities to finance federally sponsored programs in urban renewal and housing and guaranteed by the U.S. Department of Housing and Urban Development.

Projected benefit obligation (PBO)
A measure of a pension plan's liability at the calculation date assuming that the plan is ongoing and will not terminate in the foreseeable future.

Projected maturity date
With CMOs, the date at the end of the estimated cash flow window where final payment is made.

Projection
The use of econometric models to forecast the future performance of a company, country, or other financial entity using historical and current information.

PROJECTOR Credit Union
PROJECTOR is a credit union with head office in MELVILLE, NY



PREVIOUS AND NEXT TERMS
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Progress payments
Periodic payments to a supplier, contractor, or subcontractor for work as it is completed as desired, in order to reduce working capital requirements.

Progress review
A periodic review of a capital investment project to evaluate its continued economic viability.

Progressive tax
A tax that takes a larger percentage from the income of high-income people than it does from low-income people.

Progressive tax system
A tax system that taxes the wealthy at a higher percentage rate than the less wealthy.

Progressive taxation
Is levied at a higher rate on higher incomes.

Project

Project completion restriction
A type of clause, seen most often in municipal bond indentures, which requires the issuing party to sell debt securities (often in the form of revenue bonds) to finance the full completion of a particular project.

Project contracts
In the context of project financing, the suite of agreements underlying the project.

Project finance loan program
Program under which banks, the Ex-Im Bank, or a combination of both may extend long-term financing for capital equipment and related services for major projects.

Project financing
A form of asset-based financing in which a firm finances a discrete set of assets on a stand-alone basis.

Project link
An econometric model forecasting and describing the effects of changes in different economies on other economies.

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This dictionary contains 24549 terms.







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