Betekenis van:
pooling of interest

pooling of interest
Zelfstandig naamwoord
    • an accounting method used in the merging of companies; the balance sheets are added together item by item; this method is tax-free

    Hyperoniemen


    Voorbeeldzinnen

    1. In a pooling system, the notion of upper trigger amount is not relevant, since the counterparty will constantly target an excess amount of collateral provided in order to minimise operational transactions. -------------------------------------------------- ANNEX 2 GLOSSARY Actual/360: the day-count convention applied for the calculation of interest on a credit, implying that the interest is calculated over the actual number of calendar days over which the credit is extended, on the basis of a 360-day year.
    2. In a pooling system, the notion of upper trigger amount is not relevant, since the counterparty will constantly target an excess amount of collateral provided in order to minimise operational transactions. -------------------------------------------------- ANNEX 2 GLOSSARY Actual/360: the day-count convention applied for the calculation of interest on a credit, implying that the interest is calculated over the actual number of calendar days over which the credit is extended, on the basis of a 360-day year. This day-count convention is applied in Eurosystem monetary policy operations. American auction: see multiple rate auction.