calls in arrears
outstanding money for shares money called up for shares, but not paid at the correct time. The shares may be forfeited or a special calls in arrears account is established to debit the sums owing.
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outstanding money for shares money called up for shares, but not paid at the correct time. The shares may be forfeited or a special calls in arrears account is established to debit the sums owing.
will fall on current spending, although there will be an allowance for increases in public-sector employment in education and health. The program calls for the gradual monthly repayment of the arrears built up during 2009 and a commitment to limit nonconcessional borrowing to US$2.4 billion. The IMF expects
and raise revenue, while protecting targeted social spending. The fiscal program and debt management strategy are geared to both eliminate debt arrears and reduce the debt/GDP ratio over the coming years.
repayments, are made on the basis of the borrower’s ability to repay in their worst week. Otherwise they would end up in arrears at some point during the loan cycle. This rigidity has several ramifications. First, by basing borrowers’ repayment capacity on bad weeks, instead of average weeks, it greatly
By Dean Karlan, Sendhil Mullainathan
The dividend on common stock is uncertain and variable: high when a company performs well, low or nonexistent when it fares poorly. Holders of preferred stock, however, get a fixed dividend—and one which, if not paid, accrues until it can be. On the other hand, preferred stockholders are not usually able to vote on pertinent resolutions unless dividends fall into arrears, while holders of common stock have voting rights based on the number of shares owned.
Definitions of ’calls in arrears’ and meaning of ’calls in arrears’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’calls in arrears’ and other financial terms with our online QFINANCE Financial Dictionary.