Exact(1)
Instead of holding deposits at banks, people might store their assets with a custodian (such as a computer company), which itself neither issued liabilities nor extended credit (ie, was not a bank).
Similar(55)
The reluctance of investors to hold assets denominated in pesetas, the old Spanish currency, and the reluctance of Spanish counterparties to issue liabilities in foreign currencies limited the size of Spain's external imbalances.
Indeed, in an ironic twist of fate, these risky and toxic institutions get the best deal of all: because they are the favorites of Uncles Sam and Ben they enjoy the lowest costs of issuing liabilities (that is to say, borrowing).
For example, consider the situation where banks want to rapidly increase their credit and need to issue new liabilities.
Of these 90,488 had a liability order issued against them.
He secured cheap funding by issuing deposit-like liabilities.
The arbitration complaint alleges that Bradley created Media Society so as to "not be burdened by IndieVest's previous issues and liabilities".
The judge entered judgment in Madonna's favour on the issue of liability today.
And it is not just issues of liability that could be reformed.
I wonder, though, where Stone stands on this thorny issue of liability.
Legal issues involving liability have not yet been addressed adequately, he said.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com