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Offshore finance subsidiary
| Глоссарий экономических терминов |
A wholly owned affiliate incorporated overseas, usually in a tax haven country, whose function is to issue securities abroad for use in either the parent`s domestic or foreign business.
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Incorporated, английский
- Встроенный, вмонтированный
- Встроенный
Securities, английский
- Ценные бумаги (редко — облигации с пере ленным размером процента; облигации, ставка процентов по которым увязана с каким-либо индексом; облигации, которые можно обменять на акции)
- Shares and debt obligations of every kind,including options, warrants, and rights to acquire shares and debtobligations.
- Documents providing evidence of a share in the capital of a company (e.g. share certificate), or the indebtedness of some person to the holder (e.g. government or corporate bonds) or similar legal rights.
- Paper certificates (definitive securities) or electronic records (book-entry securities) evidencing ownership of equity (stocks) or debt obligations (bonds).
- Ценные бумаги
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Government national mortgage association (ginnie mae), английский
A wholly owned u.s. government corporation within the department of housing & urban development. ginnie mae guarantees the timely payment of principal and interest on securities issued by approved servicers that are collateralized by fha-issued, va-guaranteed, or farmers home administration (fmha)-guaranteed mortgages.
Universal life, английский
A whole life insurance product whose investment component pays a competitive interest rate rather than the below-market crediting rate.
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