That risks driving down asset prices, forcing lots of banks to mark down equivalent assets and erode capital.
The Brazilian antitrust authority ruled that the acquisition of Chocolates Garoto, a Brazilian candy company, by the Swiss candy maker Nestlé was a threat to competition, and ordered Nestlé to sell the unit or equivalent assets to a company that controls less than 20percentt of Brazil's $900 million chocolate market.
Corporations are holding more than $5 trillion in cash and cash equivalent assets, rather than investing it in productive enterprises.
Traditional portfolio theory tells us that wealth should not affect the decision of whether to hold stocks or not, since these (or an equivalent risky asset) should be part of every household's properly-diversified portfolio.
--Balance Sheet Health (40%): As determined by looking at endowment assets per full-time equivalent (15%), expendable assets (assets that can be sold in a pinch) to debt, otherwise known as a college's viability ratio (10%) and a similar measure known as the primary reserve ratio (15%).
It has been pointed out that as a measure of economic status, wealth (or its equivalent, net assets) has a number of advantages over income or expenditure: it represents a more permanent status; it is more easily measured (with only a single respondent needed in most cases); and it requires far fewer questions than either consumption expenditures or income [ 37, 38].
The net worth figures exclude cash equivalents, retirement assets and homes.
That term required that the creditor not only prove that the value given by the transferee was a "fair equivalent" of the asset transferred, but the creditor also had to prove that the transferee did not receive the asset in good faith.
That transaction creates a foreign currency asset equivalent to the size of the remittance, which can be used as collateral for borrowing cheaply and over the long term in overseas capital markets.
From a legal standpoint, cryptocurrencies are not legal tenders, which makes their status as asset equivalent to collectibles like Baseball cards or beanie babies.
