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The new property tax minus the tax on the frozen property values (tax increment) is collected by the TIF authority and used either to repay the capital costs of the investments or to support further development [14, 71].
Credit, originated from Latin word credere as translated "to believe", is referred to as the trust which allows one party to provide resources to another party where that second party does not reimburse the first party immediately (i.e. a debt), but instead arranges either to repay or return those resources (or other materials of equal value) at a later date.
Igor Shuvalov, the first deputy prime minister, says that the outflow of capital is the result of firms exchanging roubles for dollars, either to repay short-term foreign debts or to protect themselves from currency fluctuations.
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Meanwhile, former students burdened with federal student loans either have to repay their debts or face the devastating consequences of a default.
Pyongyang 's withdrawal from the Nuclear Non-Proliferation Treaty (NPT), should be seen in the context of earlier actions: failing over decades to repay either Western or communist creditors, and routinely having diplomats smuggle to supplement their meagre salaries.
Boeing feared that it would not be able to sell enough of either type of new jet to repay development costs.
GM has either repaid or has plans to repay a total of $9.5 billion, and the government hopes to recoup its remaining $40 billion investment with the initial stock sale and several follow-up sales.
If you do either, you need to be able to repay them - so you need to understand where this cash is going to come from.
At the same time, the carrot of an ownership stake and the pressure of having to repay debt either to the banks or to a venture capitalist concentrates managers' minds on the job.
Some countries will do the former, either by an outright failure to repay their debts or via the more subtle approach of inflation and currency depreciation.
If either defaults, which institution would be strong enough to repay?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com