Sentence examples for interest ceiling from inspiring English sources
Under the proposed rule, me debentures could be exempt from the interest ceiling only if they wgre in minimum denomi nations of $20,000 and if their maturity was a ‐ minimum. of five years.
According to Standard Chartered, a bank, household borrowing as a share of national income in Thailand now stands at 68% of GDP, much higher than other middle income countries such as China (20%), India (18%) and Indonesia (17%).To make life harder for loan sharks, the government wants to adopt a counterintuitive measure: scrap an interest ceiling that has been in place sixty years.
Maßbaum et al. (2012) use the German interest ceiling rule to theoretically study the impact on firms' capital structure choices.
One exception is the work of Schmidt (2010) who compares the effect of the German interest ceiling rule on the effective tax rate for partnerships and corporations using numerical examples.
Representative Frank Annunzio, the Chicago Democrat who is chairman of the Banking, Finance and Urban Affairs Subcommittee on Consumer Affairs and Coinage, has revised the interest-ceiling idea and plans to have his panel vote on it on Sept. 9.
The aide also notes that Mr. Schumer was among those who introduced an interest-ceiling bill but pulled it back when Mr. Annunzio said it lacked sufficient votes to pass.
Today, only nonprofit credit unions, as mandated by Congress, must abide by an interest rate ceiling of 15percentt.
Washington would create a "floating" interest rate ceiling that reflected rates paid by the U.S. Treasury on securities of equivalent maturity.
In particular, the imposition of an interest rate ceiling can make it more likely that courts will validate contracts with interest rates below the legislated cap.
Louisiana sold $25‐million of bonds, rated A‐1, that many in vestment bankers Monday said would not attract any bids be cause of a 6percentnt interest cost ceiling.
